Mar
30

U.K. Homeowners: Property Prices Have Gone Up Faster Than You Thought

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New methodology shows bigger increase in values

Housing-obsessed Britons have something new to fixate on: property prices may have increased more than previously thought.

A new official house-price index, designed by the Office for National Statistics, shows values rose an annual average of 6.1 percent between 2003 and 2011. That’s substantially more than the Land Registry’s estimate of 4.6 percent…

U.K. Homeowners: Property Prices Have Gone Up Faster Than You Thought

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