FindaProperty.com is launching its new House Price and Affordability Index on Monday 14 September. The index has been created using a statistical methodology developed by Calnea Analytics, the company which produces the official Land Registry House Price Index. FindaProperty.com says it chose Calnea to ensure the data was analysed to the highest possible standards by a company with an outstanding track record in the analysis of house price information
The new index will contain: national asking prices, with monthly and annual trends asking prices of ‘first time buyer’ homes and ‘home mover’ homes ‘price of a bedroom’ data values of flats versus houses regional breakdowns London analysis, including borough breakdown
It will also include unique analysis on the FTB Affordability Gap – a new measurement of the deposit required, sufficient to buy a typical first-time-buyer home after obtaining a mortgage achievable with an average FTB household income
September’s index is calculated from a total of over 225,000 sale properties, says <a href="http://www.findaproperty.com">FindaProperty.com</a>