FE Analytics has added new property indices to its database, allowing investors to measure London and South East property prices against the rest of the UK.The LSL AcadaMetrics Greater London House Price Index and LSL AcadaMetrics South East House Price Index, which were added at the start of September, use Land Registry data to measure house prices around the UK.
Commenting, FE’s Mika-John Southworth, Marketing Director, said: “British investors have long been focused on property, property prices, and getting on the property ladder. Many people’s first foray into investing is as they attempt to build up an appropriate deposit to buy their own home. However, it is well documented that national house price movement measures mask the reality of regional trends. By offering our users access to these indices, we hope to help investors better reach and measure their investment goals.”
He added: “Many first time buyers are disheartened at the prospect of saving up a house deposit, particularly in London and the South East where property prices have risen sharply. However, data from FE Analytics shows that, over a 10 year period, the FTSE All Share has outperformed property prices both nationally, and at a regional level.”