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Land Registry - Property Price Report shows 12.62% Increase in Prices

09 February 2004
The Land Registry has published its latest quarterly residential property price report, covering the period October -December 2003.

The report compares average prices and volume of sales with those for the same period in 2002. It also gives a breakdown of the average sale prices of old and new properties by property type. The following information is contained in the report:

It shows that the average price increased by 12.62% from £145,251 in 2002 to £163,584 for the same period in 2003.