LSL New Build Index - The market indicator for New Builds February 2017

1/03/2017
By: LSL Land & New Homes

In the year to end January 2017 new build house prices rose on average by 5.8% across the UK which is down on last year’s figure of 7.2%. But if Greater London is taken out of the calculation and we take a crude average of the remaining regions, then the average house price growth is 4.4% compared to a figure of 4.1% last year.

LSL Land & New Homes comments; “Looking across the regions it can be seen that the overall change in the growth rate is the result of some strengthening at the bottom end and mid range of the regional performance table and weakening at the top end. It is very interesting to note that in the year to end January 2016 four of the eleven regions tracked were showing price growth of over 5%; in the year to end January 2017 six of the regions (more than half) were showing price growth of over 5%.

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LSL New Build Index Feb 2017 Map

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