Others titles
- House Prices in UK 1953
- House Prices Database
Keywords
- Nationwide House Prices
- House Prices in the UK
- House Prices
- Nationwide House Prices
House Prices in UK Since 1953
This dataset contains UK house prices since 1953 as a monthly time-series. The data comes from the Nationwide Building Society.
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Description
The Nationwide house price methodology has developed over time and this needs to be considered when interpreting the long run series of house prices. Maintenance in terms of updating weights for the mix-adjustment process is carried out at regular intervals. Significant developments include:”
1952 – 1959 Q4 Simple average of purchase price.
1960 Q1 – 1973 Q4 – weighted average using floor area (thus allowing for the influence of house size).
1974 Q1 – 1982 Q4 – weighted averages using floor area, region and property type.
1983 Q1 – Development of new house price methodology. A statistical ‘regression’ technique was introduced under the guidance of ‘Fleming and Nellis’ (Loughborough University and Cranfield Institute of Technology). This was introduced in 1989 but data was revised back to 1983 Q1.
1993 – Information about neighborhood classification (ACORN) used in the model were significantly updated following Census 1991 publication – regular updates since but typically for new postcodes.
About this Dataset
Data Info
Date Created | 1953 |
---|---|
Last Modified | 2017-05-01 |
Version | 2017-05-01 |
Update Frequency |
Annual |
Temporal Coverage |
1953-2017 |
Spatial Coverage |
United Kingdon |
Source | John Snow Labs; Nationwide Building Society; |
Source License URL | |
Source License Requirements |
N/A |
Source Citation |
N/A |
Keywords | Nationwide House Prices, House Prices in the UK, House Prices, Nationwide House Prices |
Other Titles | House Prices in UK 1953, House Prices Database |
Data Fields
Name | Description | Type | Constraints |
---|---|---|---|
Date | Date of Database for House Price | date | - |
Average_Price_All_House_Types | Average prices of all types of houses with respect to year | number | - |
Price_Changes_All_House_Types | Change to previous year | number | level : Ratio |
Average_Price_New_House_Types | Average prices of new types of houses with respect to year | number | - |
Price_Changes_New_House_Types | Change price to previous year | number | level : Ratio |
Average_Price_Modern_House_Types | Average prices of modern types of houses with respect to year | number | - |
Price_Changes_Modern_House_Types | Change in Modern price | number | level : Ratio |
Average_Price_Older_House_Types | Average prices of older types of houses with respect to year | number | - |
Price_Changes_Older_House_Types | Change in Old price | number | level : Ratio |
Data Preview
Date | Average Price All House Types | Price Changes All House Types | Average Price New House Types | Price Changes New House Types | Average Price Modern House Types | Price Changes Modern House Types | Average Price Older House Types | Price Changes Older House Types |
1952-11-01 | 1891 | 0.0 | 2107 | 0.0 | 2020 | 0.0 | 1524 | 0.0 |
1953-02-01 | 1891 | 0.0 | 2107 | 0.0 | 2002 | 0.0 | 1542 | 0.0 |
1953-05-01 | 1891 | 0.0 | 2107 | 0.0 | 2002 | 0.0 | 1542 | 0.0 |
1953-08-01 | 1881 | 0.0 | 2117 | 0.0 | 2002 | 0.0 | 1524 | 0.0 |
1953-11-01 | 1872 | -1.0 | 2117 | 0.5 | 1975 | -2.2 | 1542 | 1.2 |
1954-02-01 | 1863 | -1.5 | 2117 | 0.5 | 1957 | -2.2 | 1524 | -1.2 |
1954-05-01 | 1872 | -1.0 | 2117 | 0.5 | 1984 | -0.9 | 1515 | -1.7 |
1954-08-01 | 1863 | -1.0 | 2127 | 0.5 | 1948 | -2.7 | 1524 | 0.0 |
1954-11-01 | 1853 | -1.0 | 2127 | 0.5 | 1939 | -1.8 | 1515 | -1.7 |
1955-02-01 | 1900 | 2.0 | 2167 | 2.4 | 1984 | 1.4 | 1569 | 2.9 |