Property Market Values September 1995

Total Returns for Property Pick Up

Capital Values

A fall of 0.1% in the All Property Capital Value Index this quarter has indicated a slow-down in the rate of capital value decline, when compared with the 0.9% fall last quarter. The rate of growth for gilts has also slowed; 0.1% growth this quarter compared with 1.5% growth in the previous quarter. In contrast, the growth rate for equities is increasing; 7.5% growth compared with 6% in the previous quarter.

The All Shops Capital Value Index saw a decrease of 1%, mainly due to rising yields. Against the market, the best return was provided by Central London, due exclusively to a 1.2% increase in rental values. The greatest yearly movement was found in the South West, with a fall of 11.4%.