You might know I’m a big fan of Hometrack – they have an algorithm for property which is used by 80% of UK lenders.
Please note that I’m not saying UK lenders use it for 80% of valuations but, when 80% of lenders need a desk-top valuation, for example, this is the algorithm they’ll use.
That suggests to me that Hometrack must have a good handle on values and changes in values, as any valuation is going to need to be based on good and accurate data. Whatever they say is probably worth hearing.
So it’s great to be able to access Hometrack’s data – they produce a monthly index which looks at 65 UK towns and cities; more niche and useful than general data on regions.
If you’d like to have a look here’s there latest monthly figures.
Just click on the link to download a PDF report showing the property value index in 65 towns and cities.
If the report won’t load when you click the link please copy and paste this link:
https://www.hometrack.com/media/483371/hometrack-uk-cities-house-price-index-january-2018-65-cities.pdf
