Meaby & Co.

House prices double every seven years


According to Land Registry figures properties double in value every seven years. This is an average figure since 1975. Land Registry figures can be more reliable than other statistics as they are based on completions whereas many statistics are based on mortgage applications, some of which never complete.

The avergage property price in Surrrey in September 2005 was £261,741. At the same point this year the figure was £276,249.

You can obtain further property prices and details about specific properties by going to www.landregistry.co.uk.