Office for National Statistics under intense pressure

[Nicholas Wallwork]

The Office for National Statistics is under intense pressure having seemingly downgraded the value of UK property after adjusting “weightings”. If the figures are to be believed there was a reduction of £27,000 in the average value of London property between January and February of this year. Many London property owners will be doing a

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Whether you believe the ONS figures or not they did offer some kind of indicator about the overall health of the UK property market. If we can't trust the official data what data can we trust?