Halton house prices show an in­crease – but flat val­ues fall

Runcorn & Widnes Weekly News - - Father Denies Stabbing Toddler, Two, In The Neck -

HOUSE prices have in­creased by 2.4% over the last year in Halton.

Ac­cord­ing to lat­est Land Registry sta­tis­tics, for all types of prop­erty the av­er­age cost in July 2017 was £133,994.

That fig­ure had risen to £137,252 by July this year.

The rise was more pro­nounced for de­tached homes, for which val­ues rose by 3.6% to £230,945, while in­creases were largely in line with the 2.4% boost for semide­tached and ter­raced homes, now £136,690 and £100,570 re­spec­tively.

How­ever, the value of flats and maisonettes fell, drop­ping 1.3% to an av­er­age £76,685.

Over­all, the av­er­age prop­erty price across all types has risen by 1.1%.

Halton’s in­creases were lower than across Eng­land as a whole, where val­ues rose by 3%, and North West which ex­pe­ri­ence the fastest growth at 5.6%.

The fig­ures were pub­lished as the Land Registry Hous­ing Price In­dex (HPI) gained Na­tional Statis­tic sta­tus for the first time on Septem­ber 18.

A Land Registry spokesman said: “House prices grew fastest in the North West, in­creas­ing by 5.6% in the year to July 2018, fol­lowed by the South West and the West Mid­lands, both in­creas­ing by 4.4% over the year.

“House prices in Lon­don fell by 0.7% in the year to July 2018.”

The data was pub­lished as Prime Min­is­ter Theresa May an­nounced a £2bn fund to build so­cial hous­ing and af­ford­able homes and urged politi­cians to end any as­so­ci­ated snob­bery and stigma around so­cial hous­ing.

Ques­tions have been raised over how ef­fec­tive it will be in boost­ing sup­ply, with the cash to first be­come avail­able in 2022 and spread over six years.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.