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Property Price Politics

 
  • Parliament has dissolved and electioneering will be in full swing up to polling day on December 12th, the first December election since 1923.
 
  • The price of a property has risen on average 3% annually since the last election in June 2017, a total rise of just over £13,000 (in the last 22 months to August 2019), equivalent to £500 per month.
 
  • This is half the level of average monthly price growth achieved between May 2015 and June 2017, prices here rocketing on average by a £1,000 per month in the 25 months between elections.
 
  • Of the last five elections, the lowest period of property price growth was during the Labour government between May 2005 and May 2010, a period rocked by the global financial crisis.