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UK House Price Index for May 2023
The May data shows: - on average, house prices have not changed since April 2023 - there has been an annual price rise of 1.9% which makes the average property in the UK valued at £285,861
England
In England, the May data shows that, on average, house prices have fallen 0.4% since April 2023. The annual price rise of 1.7% takes the average property value to £303,557. The regional data for England indicates that: - the West Midlands experienced the greatest monthly price rise with an increase of 0.5% - London saw the most significant monthly price fall, with a movement of -1.2% - the North East experienced the greatest annual price rise, up by 4.0% - the East of England saw the lowest annual price growth, with an increase of 0.0% Price change by region for England Region Average price May 2023 Annual change % since May 2022 Monthly change % since April 2023 East Midlands £247,242 3.4 0.3 East of England £345,710 0.0 -0.8 London £525,629 0.8 -1.2 North East £158,779 4.0 -1.0 North West £211,790 2.7 -0.2 South East £388,873 1.5 -0.9 South West £323,765 1.0 -0.2 West Midlands £248,166 2.2 0.5 Yorkshire and the Humber £204,588 1.2 -0.4 Repossession sales by volume for England The lowest number of repossession sales in March 2023 was in the East Midlands and East of England. The highest number of repossession sales in March 2023 was in the North East. Repossession sales March 2023 East Midlands 2 East of England 2 London 14 North East 19 North West 17 South East 16 South West 3 West Midlands 8 Yorkshire and the Humber 11 England 92 Average price by property type for England Property type May 2023 May 2022 Difference % Detached £478,030 £468,773 2 Semi-detached £289,575 £285,968 1.3 Terraced £247,907 £244,456 1.4 Flat/maisonette £249,976 £245,322 1.9 All £303,557 £298,596 1.7 Funding and buyer status for England Transaction type Average price May 2023 Annual price change % since May 2022 Monthly price change % since April 2023 Cash £284,143 1.4 -0.4 Mortgage £313,219 1.8 -0.5 First-time buyer £251,894 1.7 -0.3 Former owner occupier £348,052 1.6 -0.6 Building status for England Building status Average price March 2023 Annual price change % since March 2022 Monthly price change % since February 2023 New build £439,033 19.5 0.8 Existing resold property £295,748 3.2 -1.3
London
London shows, on average, house prices have fallen 1.2% since April 2023. An annual price rise of 0.8% takes the average property value to £525,629. Average price by property type for London Property type May 2023 May 2022 Difference % Detached £1,061,480 £1,073,598 -1.1 Semi-detached £668,721 £678,595 -1.5 Terraced £573,105 £571,469 0.3 Flat/maisonette £439,987 £431,469 2.0 All £525,629 £521,561 0.8 Funding and buyer status for London Transaction type Average price May 2023 Annual price change % since May 2022 Monthly price change % since April 2023 Cash £546,177 1.3 -0.6 Mortgage £518,898 0.7 -1.4 First-time buyer £453,057 0.9 -1.2 Former owner occupier £604,633 0.6 -1.3 Building status for London Building status Average price March 2023 Annual price change % since March 2022 Monthly price change % since February 2023 New build £607,043 16.5 -0.3 Existing resold property £517,783 0.4 -1.9
Wales
Wales shows, on average, house prices have risen by 0.6% since April 2023. An annual price rise of 1.8% takes the average property value to £213,374. There were 6 repossession sales for Wales in March 2023. Average price by property type for Wales Property type May 2023 May 2022 Dfference % Detached £326,767 £320,304 2 Semi-detached £205,423 £203,512 0.9 Terraced £167,078 £163,720 2.1 Flat/maisonette £136,517 £133,100 2.6 All £213,374 £209,599 1.8 Funding and buyer status for Wales Transaction type Average price May 2023 Annual price change % since May 2022 Monthly price change % since April 2023 Cash £205,800 1.6 0.6 Mortgage £217,724 1.9 0.6 First-time buyer £183,564 1.7 0.9 Former owner occupier £248,540 2.0 0.3 Building status for Wales Building status Average price March 2023 Annual price change % since March 2022 Monthly price change % since February 2023 New build £339,170 21.1 1.1 Existing resold property £209,387 4.8 -0.4
UK house prices
The annual percentage change for average UK house prices was 1.9% in the 12 months to May 2023, compared with 3.2% in the 12 months to April 2023. The average UK house price was £286,000 in May 2023, which is £6,000 higher than 12 months ago, but £7,000 below the recent peak in September 2022. Average house prices increased over the 12 months to £304,000 (1.7%) in England, to £213,000 in Wales (1.8%), to £193,000 in Scotland (3.2%) and to £172,000 in Northern Ireland (5.0%). On a non-seasonally adjusted basis, average UK house prices were little changed between April 2023 and May 2023, while average UK house prices increased by 1.3% during the same period 12 months ago. The UK Property Transactions Statistics showed that in May 2023, on a seasonally adjusted basis, the estimated number of transactions of residential properties with a value of £40,000 or greater was 80,020. This is 27.0% lower than 12 months ago (May 2022). Between April 2023 and May 2023, UK transactions decreased by 2.7% on a seasonally adjusted basis. Annual house price inflation was highest in the North East where prices increased by 4.0% in the 12 months to May 2023. The East of England was the English region with the lowest annual growth, where prices were little changed in the 12 months to May 2023. See the economic statement. The UK HPI is based on completed housing transactions. Typically, a house purchase can take 6 to 8 weeks to reach completion. As with other indicators in the housing market, which typically fluctuate from month to month, it is important not to put too much weight on one month’s set of house price data. Access the full UK HPI
Background
1. We publish the UK House Price Index (HPI) on the second or third Wednesday of each month with Northern Ireland figures updated quarterly. We will publish the June 2023 UK HPI at 9:30 am on Wednesday 16 August 2023. See the calendar of release dates. 2. We have made some changes to improve the accuracy of the UK HPI. We are not publishing average price and percentage change for new builds and existing resold property as done previously because there are not currently enough new build transactions to provide a reliable result. This means that in this month’s UK HPI reports, new builds and existing resold properties are reported in line with the sales volumes currently available. 3. The UK HPI revision period has been extended to 13 months, following a review of the revision policy (see calculating the UK HPI section 4.4). This ensures the data used is more comprehensive. 4. Sales volume data is available by property status (new build and existing property) and funding status (cash and mortgage) in our downloadable data tables. Transactions that require us to create a new register, such as new builds, are more complex and require more time to process. Read revisions to the UK HPI data. 5. Revision tables are available for England and Wales within the downloadable data in CSV format. See the UK HPI for more information. 6. HM Land Registry, Registers of Scotland, Land & Property Services/Northern Ireland Statistics and Research Agency, and the Valuation Office Agency supply data for the UK HPI. 7. The Office for National Statistics (ONS) and Land & Property Services/Northern Ireland Statistics and Research Agency calculate the UK HPI. It applies a hedonic regression model that uses the various sources of data on property price, including HM Land Registry’s Price Paid Dataset, and attributes to produce estimates of the change in house prices each month. Find out more about the methodology used by the ONS and Northern Ireland Statistics & Research Agency. 8. We take the UK Property Transaction statistics from the HM Revenue and Customs (HMRC) monthly estimates of the number of residential and non-residential property transactions in the UK and its constituent countries. The number of property transactions in the UK is highly seasonal, with more activity in the summer months and less in the winter. This regular annual pattern can sometimes mask the underlying movements and trends in the data series. HMRC presents the UK aggregate transaction figures on a seasonally adjusted basis. We make adjustments for both the time of year and the construction of the calendar, including corrections for the position of Easter and the number of trading days in a particular month. 9. UK HPI seasonally adjusted series are calculated at regional and national levels only. See data tables. 10. The first estimate for the new build average price (April 2016 report) was based on a small sample which can cause volatility. A three-month moving average has been applied to the latest estimate to remove some of this volatility. 11. The UK HPI reflects the final transaction price for sales of residential property. Using the geometric mean, it covers purchases at market value for owner-occupation and buy-to-let, excluding those purchases not at market value (such as re-mortgages), where the ‘price’ represents a valuation. 12. HM Land Registry provides information on residential property transactions for England and Wales, collected as part of the official registration process for properties that are sold for full market value. 13. The HM Land Registry dataset contains the sale price of the property, the date when the sale was completed, full address details, the type of property (detached, semi-detached, terraced, or flat) if it is a newly built property or an established residential building and a variable to indicate if the property has been purchased as a financed transaction (using a mortgage) or as a non-financed transaction (cash purchase). 14. Repossession sales data is based on the number of transactions lodged with the HM Land Registry by lenders exercising their power of sale. 15. For England, we show repossession sales volume recorded by the government office region. For Wales, we provide repossession sales volume for the number of repossession sales. 16. Repossession sales data is available from April 2016 in CSV format. Find out more information about repossession sales. 17. We publish CSV files of the raw and cleansed aggregated data every month for England, Scotland, and Wales. We publish Northern Ireland data on a quarterly basis. They are available for free use and re-use under the Open Government Licence. 18. HM Land Registry’s purpose is to guarantee and protect property rights in England and Wales. 19. HM Land Registry is a government department created in 1862. Its vision is “A world-leading property market as part of a thriving economy and a sustainable future.” 20. HM Land Registry safeguards land and property ownership valued at £8 trillion, enabling over £1 trillion worth of personal and commercial lending to be secured against property across England and Wales. The Land Register contains more than 26 million titles showing evidence of ownership for more than 88% of the land mass of England and Wales Sources: THX News & HM Land Registry. Read the full article
#Averagepropertyvalue#Buildingstatus#Englandhouseprices#Fundingandbuyerstatus#housepricerise#propertytype#regionaldata#Repossessionsales#UKHousePrices#Waleshouseprices
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#CreditHistory#creditscore#Debt-to-IncomeRatio#downpayment#Employment#income#Location#MortgageEligibility#PropertyType#Saving
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When it comes to selling your home, choosing the right agent can make all the difference. At The Parker McGraw Group, we pride ourselves on being the premier choice for those seeking here.
Why Choose Reputable Spartanburg Home-Selling Agents? Selling a home is more than just putting a "For Sale" sign in your yard. It involves a complex process that requires knowledge of the local market, expertise in negotiations, and a keen understanding of what buyers are looking for Reputable Spartanburg home-selling agents, like those at The Parker McGraw Group, have the experience and skills necessary to navigate these challenges effectively.
How We Help You Sell Your Spartanburg Home for Market Value
One of the key factors in selling a home is setting the right price. Overpricing can deter potential buyers, while underpricing can lead to a loss of value. If you're looking to sell my Spartanburg home for market value, our experts at The Parker McGraw Group are skilled at determining the optimal price for your property. Our goal is to help you sell my Spartanburg home for market value by generating interest and attracting qualified buyers who are willing to pay a fair price for your home
Comprehensive Spartanburg Home Selling Assistance Selling a home involves much more than just listing it. At The Parker McGraw Group, we offer comprehensive Spartanburg home selling assistance to make the process as smooth as possible. Our services include:
Pre-Sale Preparation: We provide guidance on home improvements and staging to enhance your property's appeal. Marketing: Our team creates targeted marketing campaigns to reach potential buyers through various channels. Negotiations: We handle negotiations to ensure you get the best possible deal. Transaction Management: From paperwork to closing, we manage every aspect of the transaction to minimize stress and ensure a successful sale.
Your Next Steps If you're ready to sell your home and want to work with reputable Spartanburg home-selling agents who are committed to your success, look no further than The Parker McGraw Group. Our team offers Spartanburg home selling assistance and is here to provide the expert advice and support you need to sell your Spartanburg home for market value."
Contact us today to get started. Call us at (864) 580-0871 or visit our website https://www.parkermcgraw.com/ to learn more about our services and schedule a consultation. Let us help you achieve your real estate goals with confidence and ease.
Choose The Parker McGraw Group for all your real estate needs and experience the difference of working with dedicated professionals who put your interests first.
GMB LINK: https://maps.app.goo.gl/Y8c6LbknM6YCBDRz6
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When it comes to selling your home, choosing the right agent can make all the difference. At The Parker McGraw Group, we pride ourselves on being the premier choice for those seeking here.
Why Choose Reputable Spartanburg Home-Selling Agents? Selling a home is more than just putting a "For Sale" sign in your yard. It involves a complex process that requires knowledge of the local market, expertise in negotiations, and a keen understanding of what buyers are looking for Reputable Spartanburg home-selling agents, like those at The Parker McGraw Group, have the experience and skills necessary to navigate these challenges effectively.
How We Help You Sell Your Spartanburg Home for Market Value
One of the key factors in selling a home is setting the right price. Overpricing can deter potential buyers, while underpricing can lead to a loss of value. If you're looking to sell my Spartanburg home for market value, our experts at The Parker McGraw Group are skilled at determining the optimal price for your property. Our goal is to help you sell my Spartanburg home for market value by generating interest and attracting qualified buyers who are willing to pay a fair price for your home
Comprehensive Spartanburg Home Selling Assistance Selling a home involves much more than just listing it. At The Parker McGraw Group, we offer comprehensive Spartanburg home selling assistance to make the process as smooth as possible. Our services include:
Pre-Sale Preparation: We provide guidance on home improvements and staging to enhance your property's appeal. Marketing: Our team creates targeted marketing campaigns to reach potential buyers through various channels. Negotiations: We handle negotiations to ensure you get the best possible deal. Transaction Management: From paperwork to closing, we manage every aspect of the transaction to minimize stress and ensure a successful sale.
Your Next Steps If you're ready to sell your home and want to work with reputable Spartanburg home-selling agents who are committed to your success, look no further than The Parker McGraw Group. Our team offers Spartanburg home selling assistance and is here to provide the expert advice and support you need to sell your Spartanburg home for market value."
Contact us today to get started. Call us at (864) 580-0871 or visit our website https://www.parkermcgraw.com/ to learn more about our services and schedule a consultation. Let us help you achieve your real estate goals with confidence and ease.
Choose The Parker McGraw Group for all your real estate needs and experience the difference of working with dedicated professionals who put your interests first.
GMB LINK: https://maps.app.goo.gl/Y8c6LbknM6YCBDRz6
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How to Find Types of Rental Properties with Modern Amenities
Finding the perfect rental property can be a daunting task, especially when you're looking for specific features and modern amenities. Whether you're a young professional, a family, or a retiree, the right rental property can make a significant difference in your lifestyle. In this guide, we will explore how to find types of rental properties with modern amenities, ensuring you enjoy comfort and convenience in your new home.
Understanding Your Needs
Before you begin your search for rental properties, it's crucial to identify your needs. Consider the following questions:
What is your budget?
How many bedrooms and bathrooms do you need?
Do you require a pet-friendly property?
Are there specific amenities that are non-negotiable?
By answering these questions, you can narrow down your options and focus on finding rental properties that meet your criteria.
Types of Rental Properties with Modern Amenities
When searching for types of rental properties with modern amenities, you'll come across various options. Here are some of the most common types:
Apartments
Apartments are a popular choice for renters seeking modern amenities. Many apartment complexes offer features such as:
Fitness centers
Swimming pools
In-unit laundry
High-speed internet
Smart home technology
These amenities provide convenience and enhance your living experience, making apartments an excellent choice for individuals and families alike.
Condominiums
Condominiums, or condos, are another great option for those seeking modern amenities. Condos often come with additional perks such as:
24/7 security
Maintenance services
Recreational facilities like tennis courts and clubhouses
Rooftop terraces
Advanced HVAC systems
Living in a condo can offer a more luxurious lifestyle with access to a range of high-end amenities.
Townhouses
Townhouses combine the benefits of single-family homes and apartments. They typically feature:
Private garages
Small yards or patios
Community amenities like pools and gyms
Multi-story layouts
Modern kitchen appliances
Townhouses are ideal for those who want more space and privacy without sacrificing access to amenities.
Single-Family Homes
Single-family homes provide the most space and privacy. Modern single-family rentals often include:
Large yards
Smart home features
Energy-efficient appliances
Home office spaces
Advanced security systems
These properties are perfect for families or individuals who need extra space and desire a home with modern conveniences.
Where to Find Types of Rental Properties with Modern Amenities
Knowing where to look is key to finding rental properties that match your needs. Here are some effective strategies:
Online Real Estate Platforms
Websites like Zillow, Trulia, and Realtor.com offer extensive listings of rental properties. You can filter your search by amenities, location, and property type to find exactly what you're looking for.
Real Estate Agents
A real estate agent can be an invaluable resource. They have access to multiple listings and can help you find rental properties with the specific amenities you desire. Their expertise can also save you time and effort.
Social Media and Community Boards
Social media platforms and community boards like Facebook Marketplace and Nextdoor can provide local rental listings. These platforms often have listings that might not appear on traditional real estate websites.
Property Management Companies
Contacting property management companies directly can give you access to a wide range of rental properties with modern amenities. These companies often manage multiple properties and can offer options that fit your criteria.
Tips for Securing the Perfect Rental Property
Once you've found a few potential rental properties, follow these tips to secure your ideal home:
Visit the Property: Always schedule a visit to see the property in person. This allows you to verify the amenities and assess the property's condition.
Review the Lease: Carefully read the lease agreement to ensure it includes all the amenities and features discussed.
Check Reviews: Look for reviews of the property or management company to gauge the experiences of previous tenants.
Prepare Documentation: Have all necessary documentation ready, such as proof of income, references, and a completed rental application.
Finding types of rental properties with modern amenities requires a clear understanding of your needs, diligent searching, and thorough evaluation of potential options. By utilizing online platforms, real estate agents, and community resources, you can discover the perfect rental property that enhances your lifestyle. At mysmartcousin, we specialize in helping you find rental properties that offer the modern amenities you desire. Let us assist you in securing your dream home.
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#Kalyanneighborhood#Homebuyerchecklist#Ideallocation#AmenitiesinKalyan#Propertytypes#Budgetplanning#Legaldocumentation#Thanedistricthousing#Maharashtrarealestate#Duediligence
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Discover Your Dream Home: Exploring Local Property Types
From cozy cottages nestled in serene suburbs to chic urban lofts with skyline views, our local real estate offerings cater to every taste and lifestyle. Explore the diversity of our market, where you'll find charming townhouses boasting historic charm alongside modern marvels designed for contemporary living. Whether you're drawn to waterfront properties for tranquil retreats or bustling city condos for vibrant urban living, there's something for everyone here. Let us guide you through the array of options to find the perfect property that speaks to your unique desires. Egemen Mustafa Şener
#egemenmustafaşener#egemen#DreamHome#LocalRealEstate#PropertyTypes#UrbanLiving#SuburbanLife#WaterfrontLiving#RealEstateGoals
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Instead of listing every reason why I hate windows, I am going tell the tale of the straw that broke the camel's back.
Background: When I was using Windows for my main PC, I would do an entire fresh install every 6 months because weird unexplainable issues would crop up and frustrate me. I think windows updates would corrupt some important file somewhere or something. Regardless of the actual issue, it wasn't worth the time to troubleshoot as a drive nuke is faster. I keep all important files on a NAS anyways.
Issue: I don't know if its still the case but at the time of my most recent windows reinstall, I found out that your account name would become the first 5 characters of your email when installing win11 with a Microsoft account. There was no option to change in setup. The email used for my Microsoft account is microsoft@[custom email domain].com so my account name was "micro". I did not want to be "micro" so I followed a guide to change my account name by changing a registry key (since there was no other way to change it). That broke my windows so hard that it refused to post until I did a factory reset on my motherboard. (needless to say the windows install was unsalvageable)
Meanwhile on Linux, I really appreciate the fact that I don't need to paste
New-ItemProperty -Path 'HKLM:\SOFTWARE\Microsoft\Windows\CurrentVersion\Policies\System' -Name EnableLinkedConnections -Value 1 -PropertyType 'DWord'
into powershell in order access admin directories on my NAS. Linux permissions are so much easier to mange.
gathering public correspondence: what is/was your least favorite part about windows? and what are your favorite parts about linux in comparison (if applicable)
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Best Rental Single-Family House Services By Steven Choat
Do you know that demand for single-family rentals is higher now than before? They offer you the best services of the rental single-family house by Steven Choat that single homes are unique real estate assets. Investing money in a rental single-family is best because of steady income, and Inflation-Resistant. Are you curious about investing in out-of-state single-family rentals? See the website, to avail of our services.
https://stevenchoat.betterliferealty.com/search/grid/?status=A&propertytype=SF&photo=1&sort=days
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Find houses for sale in Abbotsford British Columbia, Manmeet Thathar provides the latest MLS® listings and comprehensive property information to make finding your dream home easy.
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#CreditHistory#creditscore#Debt-to-IncomeRatio#downpayment#Employment#income#Location#MortgageApproval#PropertyType#Saving
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C#: Converting a DataTable to a generic Linq List
C#: Converting a DataTable to a generic Linq List
Datatables aren’t typed, but they do contain lots of metadata about the columns and data in them. We can use that to convert a table of data to a typed LINQ list. We can look through the DataColumns and get the PropertyTypes which will help us convert the data to a nice LINQ list. I chose to create this as an extension method so you can call it like this: List<Cat> myCats =…
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React.js - default prop is not used with `null` is passed
I have default props in my React component:
PropertyTitleLabel.defaultProps = { bedrooms: 1, propertyType: 'flat'};PropertyTitleLabel.propTypes = { bedrooms: PropTypes.number, propertyType: PropTypes.string};
But when I'm passing null to bedrooms like:
const bedrooms = null; // in real world API returns `null`<Component bedrooms={bedrooms} />
It's not replaced with default prop :( Any ideas?
https://codehunter.cc/a/reactjs/react-js-default-prop-is-not-used-with-null-is-passed
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Find Homes For Sale in Vaughan, ON. Browse townhouses, condos and other real estate properties in Caledon to find a place to call home.
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#homes for sale in brampton ontario#houses for sale in brampton ontario#house for sale in brampton ON
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Manmeets.Ca has 231 homes for sale in Mission BC. View listing photos, review sales history and use our detailed real estate filters to find the perfect place.
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