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LCP launches residential index to track property prices across UK

12/03/2018 News Team

2017 eprivateclient Top Residential Property Buying Agents, London Central Portfolio (LCP), in conjunction with independent analysts Acadata has launched the LCPAca Residential Index, designed to provide the most comprehensive dataset, tracking residential property prices and volumes within England & Wales, Greater London and Prime Central London.

The index is based on the actual prices at which every property in England & Wales is transacted, including prices of properties bought with cash and all new builds, using factual Land Registry data, as opposed to mortgage-based prices, asking prices or prices based on samples.

It adopts a forecasting model, developed over 20 years, enabling reporting to be two months more up to date than provided by the Land Registry itself. The index report published monthly, will look at: 

- Prices and volume changes each month for Prime Central London, Greater London and England and Wales

- Price changes by deciles, providing a true indication of how the premium/luxury sector is performing vs the rest of the market, ‘the mainstream sector’

- Actual prices and completions in the London and UK wide new build markets

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