HOUSE BUYING STATS

Firstrung has compiled the most relevant statistics available, in one convenient location, to assist the first time buyer with their investigations when purchasing their first home. The scale of information currently available is considerable.
Firstrung aggregates this information and delivers it to the reader in a simple format concentrating on key facts of specific value to the first time buyer. The majority of the data is published monthly and is available free of subscription.
Firstrung has compiled the most recent data available into a 'snapshot' table format in order to enable a quick reference for the current house price statistics.

is the UK's leading new homes website with over 140,000 new homes and more than 4,000 developments from over 120 developers on the site each year. It provides prospective home buyers with the broadest range of new homes in one place, covering properties from 85% of the UK's developers including 24 out of the top 25 housebuilders, making it the largest resource of its kind. Firstrung recognises the increasing relevance of the volume and value of new developments for the first time buyer.

• Quarterly, not seasonally adjusted. This report is published by the government body and covers price inflation for residential property in England and Wales. The data is comprehensive and shows all transactions.

  However, the data is released more than a month after the quarter covered.

• The Home.co.

  uk Asking Price Index is calculated every month using 500,000+ UK property house prices found in the Home.co.uk Property Search Index.

  This figure represents the majority of the property for sale on the open market in the UK at any given time. Properties above ?1m and below ?

  20k are excluded from the calculations

• Published monthly, seasonally adjusted. Britain's tax collector issues the number of property transactions in England and Wales. This is a lagging indicator as the revenue reflects Stamp Duty payment on completion of the purchase.

• The BBA publishes monthly net mortgage lending figures and the loan approvals data from major banking groups. The approval data is not seasonally adjusted and so is relatively volatile month on month. The Bank of England publishes seasonally adjusted mortgage approvals data, usually a week later.

• The BSA, comprising the UK's 63 building societies, they release seasonally adjusted monthly figures on the value of approvals.

• Comprising Banks, Building Societies and other lenders who together undertake more than ninetly eight percent of UK mortgage lending, the CML publishes a monthly figure on loans already made for house purchase and on gross mortgage lending.

• Monthly, seasonally adjusted house price balance based on number of members reporting house price rises compared to falls.

• The survey is based on reports from more than 300 chartered surveyors and it covers 3-4 percent of property transactions.
• Useful anecdotal evidence and regional data, but gives little indication of the size of moves. However, many cite the sales to stock ratio as a useful indication of demand and the expectations balance as a good forward-looking signal.

• Data produced monthly. This property web site is jointly owned by four estate agency chains. The index is based on asking prices of up to 140,000 properties coming to market.

  The data is not seasonally adjusted.

• Economists say asking prices can be a good indicator but the gap between the price advertised and that which is actually paid often fluctuates.

• Monthly, not seasonally adjusted average property prices for England and Wales.

  The data is collected by the research company from up to 3,500 estate agents.

• The monthly price index from Halifax, the nation's largest mortgage lender and part of HBOS Plc, tracks a seasonally adjusted standardised house price based on mortgages agreed with buyers. The Halifax has a mortgage market share of 20-25 percent and the index is typically based on 15,000 transactions.

• It is the longest-running monthly series on house prices going back to January 1983 and is considered particularly timely because it uses numbers from the mortgage approvals stage.

• A monthly, seasonally adjusted measure based on mortgages with the Nationwide Building Society. Nationwide track a representative house prices over time rather than an average.

  The Nationwide has a 12.8 percent share of mortgage market.

• It is the UK's longest unbroken series of house price data with figures going back to 1952 on a quarterly basis.

• Government data based on prices at completion of sale, not seasonally adjusted. Data gleaned on around 30,000 completions a month from some 50 mortgage lenders but tend to lag other data.