I want to know how much house prices increased in the UK (South East
outside of London) from October 1995 to August 1997.

Thanks!

Hello - nice to see you here again!

The short answer is that property prices in the South East increased
by around 20 percent over that period according to the figures
published by the Halifax and the Nationwide. One says 19 per cent and
the other 21 per cent. You may be able to get more detail and accuracy
using Land Registry figures if you are interested in a specific kind
of property in a specific area.

Here are three different ways to investigate the shift in prices. All
available figures are based on quarterly data, so I have taken Quarter
4 (Oct-Dec) of 1995 and Quarter 3 (Jul-Sep) of 1997 in each case.


NATIONWIDE REGIONAL QUARTERLY INDICES 

The Nationwide has a plenty of house price data available on its
website. They divide the South-East outside London into "Outer South
East" and "Outer Met" areas. Using an index to track rises they give
these figures:


                   1995 Q4           1997 Q3                    

Outer South East   106.4             129.5


Outer Met          101.1             128.7


Sketch map of their areas here:
http://www.nationwide.co.uk/hpi/quarterly/regional.htm

Download historical house price data in Excel format from here:
http://www.nationwide.co.uk/hpi/historical.htm


THE HALIFAX HOUSE PRICE CALCULATOR

Definitely the easiest way to track changing property prices, the
house price calculator from the Halifax (now HBOS plc) lets you type
in the value of a house in one quarter and it will work out its likely
value at a later date. If, say, a house in the South-East was worth
£100,000 in Q4 of 1995, they calculate it would have been worth
£119,300 in Q3 of 1997, i.e. a change of 19.3 per cent.

Try this. It's much quicker and easier than the other options!
House Price Calculator 
http://www.hbosplc.com/view/housepriceindex/housepricecalculator.asp



THE LAND REGISTRY

At the Land Registry site you can download "Residential Property Price
Reports" covering details as specific as prices within one county, by
house type. For instance, you could find data on terraced houses in
Surrey.
The reports for July-Sep 1997 and October-December 1995 are pdf files
for which you need Adobe Acrobat Reader.

Land Registry publications online
http://www.landreg.gov.uk/publications/default.asp?pubtype=0&fl=1

Their figures for the South East as a whole are:

          detached   semis    terraced   flats
1995 Q4   £129,126   £70,919  £56,881    £46,008

1997 Q3   £157,265   £84,305  £66,771    £52,189 


I hope this is helpful. Please don't hesitate to ask if anything needs
clarification, or if you have queries about any of the links.


Leli



searches:
looked for the three sites above and checked with searches on:
house OR property prices
south east
historic
1995, 1997

Hi, Leli

Perfect!

And very prompt, too.

Glad you answered because it gives me a chance to give you the tip
that I had intended for your work on the Cayman Islands.

So, here's $10 which you should multiply by two because of inflation.

(Math has always been a mystery to me.)

Regards

Meg

Hi, Meg

Many thanks for the generous tip and five stars.
I'm glad you found this answer useful - and also glad that you got
such good help from a comment on your other question!

Leli