The UK residential property market index is an index created from a range of independent data. It measures the change in average house prices and rents from the Land registry and ONS, applying deductions for operating costs and refurbishment, to generate a net total return to investment.
Data includes house price change, rental growth and transactions, as well as mortgage approvals, housing completions and mortgage affordability. It’s an essential addition to any property investor’s strategy.
The headlines from July’s index include: