House price watch

Your home may well be one of your major assets. Even if you are not planning on moving in the near future, it is always a good idea to keep abreast of the latest changes in the housing market.

Below is the August 2014 comparison of three major national house price indexes to keep you in touch with where the market is heading.

It is worth noting that Rightmove reported the 'largest ever drop in house prices as summer sales' kick in'. The 2.9% drop is the biggest fall Rightmove has ever recorded in August.

Please note that there will also be regional variations

Source

Period covered

Average house price

Monthly change (%)

Change past year (%)

Rightmove house price index

August 2014

£262,401

2.9% down

5.3% up

Halifax house price index

August 2014

£186,270

0.1% up

9.7% up

Nationwide house price index

August 2014

£189,306

0.8% up

11% up