Logo     Strapline  
About Acadata What We Do Contact Us  
Risk  
House Prices  
LSL Acad HPI  
House Price Data Series  
House Price Calculator  
Reference  
   
 
 
please send me the monthly LSL Acad HPI for England & Wales
Deco

LSL Acad HPI 

In 2003, Acadata pioneered use of Land Registry (LR) data for a mainstream house price index, launched by the Financial Times as the FTHPI. In 2010 LSL Property Services plc assumed the preparation costs from Acadata, rebranding the index as the LSL Property Services/Acadata HPI; now LSL Acad E&W HPI, Your Move Acad Scotland HPI; also Acad Wales HPI launched 2011.

Using a 2002/3 purpose built “index of indices” forecasting methodology developed by Dr Stephen Satchell at the University of Cambridge and Dr George Christodoulakis, then at City University, Acadata resolved the problem that only c.38% of sales are promptly reported to LR; an insufficient sample to be definitive. For finality, our LSL Acad HPI “forecast” is updated monthly until every transaction is included. Effectively, an October LSL Acad E&W HPI “final” result, published with the December LSL Acad HPI “forecast” is definitive.

Is this untimely? Not compared with the highly reputed USA S&P Case-Shiller HPI for which e.g. the October 2012 was published on 26th December. Since this Case-Shiller index provided an average of the August, September and October results, the results were effectively centred on September, meaning a 3 month lag. An October LSL Acad HPI “final” is averaged over September, October and November, centred on October and published 11th January; a 2½ month lag. For serious users, we believe that only Land Registry and Registers of Scotland (RoS) provide the factual data requisite for definitive HPIs and that a delay before the results are final is a worthwhile price to pay.

Indices seek to provide an accurate measure of house price inflation. But our “Comparison of Indices” published in our monthly LSL Acad E&W HPI News Release shows by how much they frequently differ. Our “A 'True Measure' of House Price Inflation?" paper shows how closely or otherwise our LSL Acad E&W HPI “forecast” and other principal indices anticipate a calculated benchmark. Indices also measure the level of house prices as well as their monthly and annual changes. Our "Which House Price Index?" paper explains.

As FTHPI, our index was chosen by the Chicago Mercantile Exchange, the world's largest derivative exchange, for a possible residential house price derivative, put on hold by the 2007 financial crisis. LSL Acad E&W HPI is released for publication on the second Thursday of every month. Our Your Move Acad Scotland HPI and Acad Wales HPI follow for downloading from our website. The downloadable documents below include our latest News Release and full historic data series.


Annual % change
 
    2.3%
     
     
     
     
     
     
     
    9.3%
     
     
     

JULY KEY LSL Acad E&W HPI STATISTICS
 
Index
285.8
Average House Price
£293,318
Monthly Change
0.2%
Annual Change
5.5%
 
MAIN POINTS
 
Housing market continues to hold its breath
 
  • Brexit vote uncertainty continues, as annual price growth slows to 5.5% in July

  • Transactions down 20% over the quarter compared to Q2 2015

  • However, transactions levels and prices continue to edge up

  • East of England is top performing region with 9.3% annual growth
 

JUNE KEY YOUR MOVE Acad SCOTLAND HPI STATISTICS
 
Index
223.2
Average House Price
£170,404
Monthly Change
-0.4%
Annual Change
4.0%
 
MAIN POINTS
 
Scotland’s house prices rise by 4% annually
 
  • 4% increase represents the largest annual growth rate since May 2015

  • Monthly, property prices flattened slightly in the run up to the Brexit vote

  • Latest transactions figures from March highlight highest volume since 2007
 

JUNE KEY Acad WALES HPI STATISTICS
 
Index
256.8
Average House Price
£168,588
Monthly Change
0.7%
Annual Change
3.0%
 
MAIN POINTS
 
Average house price in Wales rises +0.7% in June
 
  • Largest annual rise since February 2016

  • Torfaen follows last month’s annual rise of +9.8% with an increase of +9.5% this month

  • Transactions increase by +20% over May

  • Terraced properties most popular over 1st half of 2016 with 6,342 sales
 

AVAILABLE HERE

LSL Acad E&W HPI July 16 published 11th August 16 News Release and accompanying:

Your Move Acad Scotland HPI June 16 published 17th August 16 News Release and accompanying:

Acad Wales HPI June 16 published 24th August 16 News Release and accompanying:

LSL Acad HPI Archive

Comparison of house price growth over the past 10 years

 

 

Building
Acadata Limited
Registered Office: 226 Sheen Lane London SW14 8LD
Registered No 2786304

Go to Home View Site Map