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In June 2016, the UK House Price Index (UK HPI)[1] was launched as a collaboration between the Office for National Statistics, HM Land Registry, Registers of Scotland, and Land and Property Services Northern Ireland. The index is calculated using land registration data (such as HM Land Registry).
Median house prices in London the median house now cost up to 12 times the median London salary. In 1995, the median house price was £83,000, 4.4 times the median income. By 2012–13, the median income in London had increased to £24,600 and the median London house price had increased to £300,000, 12.2 times median income [8]
Domestic real estate represented the largest non-financial asset in the UK, with a net worth of £5.1trillion (2014). [3] Foreign investment plays a substantial role in the UK's real estate market, particularly in London, and foreign companies and individuals invested around £20billion in UK real estate in 2012. [4] [needs update]
His Majesty's Land Registry is a non-ministerial department of His Majesty's Government, created in 1862 to register the ownership of land and property in England and Wales. [3] It reports to the Ministry of Housing, Communities, and Local Government. [4] The registry contains 87% of land in England and Wales as of 2019. [5]
The Office for National Statistics estimated in 2008 that the public estate has a book value of £380 billion, which is about £6,000 for every UK resident. [2] Of this, approximately £240 billion is held by local government, while the rest—£130 billion—is held by the central government and public corporations. [2]
Overturned by the Land Drainage Act 1930, repealing 20 Acts from 1531 to the Land Drainage Act 1929, the setup became catchment boards, to cover a whole river basin. These charge drainage rates to people anywhere in them. [9] As to farming, rates apply to all occupiers of agricultural land and buildings within a drainage district.
OnTheMarket members signed up to a 'one other portal' rule as a measure they saw as necessary for the portal to enter the UK market, which was overwhelmingly dominated by two players. On 5 July 2017 the Competition Appeal Tribunal ruled OnTheMarket.com's one other portal rule - which stipulates estate agent members can list on a maximum of one ...
The National Address Gazetteer is a database designed to provide a definitive source of publicly owned spatial address data for Great Britain. [1] It is a culmination of Local Land and Property Gazetteers (collectively known as the National Land and Property Gazetteer (NLPG)) and other datasets: Address Layer 2 (AL2) and Royal Mail PAF data.