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Hillingdon property prices edge up 0.11% in April

The land registry has released property price information for the month of April. I have been looking forward to these figures because they are the first that tracks the effect on the market of the 3% increase in SDLT. For Hillingdon...

The land registry has released property price information for the month
of April. I have been looking forward to these figures because they are
the first that tracks the effect on the market of the 3% increase in
SDLT.

Across the UK the average price rise was 8.2% on the year and up 0.6%
on the month to an average of £209,054.

However there are signs of cooling in the market with mortgage applications
fell by 6% in April and RICS members says demand has contracted for the
first time in a year in April.

Prices in the South East rose by 0.3% to an average £301,689. Annually that’s, 12.3%.  And in London they rose by 0.6% on the month to £470,025 average, 14.5% annual.

In Hillingdon property prices were up by 0.11% to an average of
£395,562 (up £448 on the month).

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