House price data June 2020

I’ve uploaded the Land Registry data for June 2020 to my website. I reported a couple of months ago that there had been 7 sales in April. This has now been revised up to over 20,000 sales. Whilst not as terrible as the initial figures suggested, that’s still much lower activity than we’ve been seeing over the last few years. And although there’s been a marked drop in the prices paid, those prices haven’t affected the annual averages yet.

Property sales May 2020

I’ve uploaded the latest Land Registry property data to my site. There’s a continued lack of sales being completed, although last month’s figures have been revised upwards from 7 to 279 sales. That is still dramatically lower than the usual number of sales

If you’re wondering why the current average sale price has dropped significantly but the annual change in price has increased, this is due to the tiny number of sales happening, the sales dropping out of the other end are making a much bigger difference to the stats.