Regional property market strengthens

House prices are continuing to strengthen, according to the latest figures about the property market.
The Office for National Statistics said that UK prices as a whole were up 11.7% in the year to the end of July.
In the South East, the rise was 12.2%.
We’ve also seen the property market continue to remain strong over the past year with increased demand for our specialist services, included surveys, architecture and design.
We also launched a land and new homes department earlier in the year to progress developments across the south east of the country.
The South East is among six regions in the UK where house prices are now higher than their peak before the recession.
The others are the East Midlands, West Midlands, South West, London and the East of England.
The biggest rise was 19.1% in London where the average price of a home is more than £500,000 – compared to the national average of £272,000.
In the South East the average is £337,000 – although this varies in towns and cities across the region.
The ONS also revealed that inflation, as measured by the Consumer Prices Index, was down slightly to 1.5% in August from 1.6% in July.
Remember, our experienced and friendly team offer all kinds of support if you are moving house or considering renovations – from surveys to structural engineering reports, architecture, design and project management.
Call us on 02392 697193, email [email protected] or visit our website at www.mcandrewmartin.com.

House prices are continuing to strengthen, according to the latest figures about the property market. The Office for National Statistics…

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