Expanded to cover more of the UK property market
Welcome to our January 2023 property market update for the UK, featuring data up to December 31st, 2022. At Bricks&Logic, we're excited to announce that our data set has expanded to cover the entire England & Wales, with over 27 million properties now included in our assessments.
By logging in to our website, you can access our user-friendly heatmaps which highlight changes in property values over the past three months, providing a comprehensive overview of the UK property market.
England & Wales 3 Month Sales Change
In terms of average sale values, across England & Wales, we've seen a slight decrease of 0.4% over the last quarter. However, it's worth noting that the South West region experienced a larger drop of nearly 5%.
England & Wales 3 Month Rental Change
On the other hand, the average rental value has increased by 1.9% in the same period, with London and the North continuing to see strong growth.
London 3 Month Sales Change
Looking specifically at London, we've seen a 0.5% decrease in average sale values over the past three months.
London 3 Month Rental Change
However, London's rental market remains robust, with strong growth across the city, particularly in the Docklands.
As always, these numbers are area averages. Different types of properties in the same location can perform very differently to each other.
To see how the market for your property has changed, or to explore the map, log in at www.bricksandlogic.com
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