What is a property index?

House price indices are statistical measures that track changes in the price of residential properties over time.

They are used to provide insight into the overall direction of the housing market, and are often used as a tool for forecasting future trends.

In our blog: 'A New Approach to House Price Indices', we discuss our unique approach to house price indices using a comprehensive understanding of each property's characteristics and location and how influential they are in the our overall approach to understanding property value.