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Data from property insight innovators, Search Acumen, has that found over 19,000 commercial properties may now be unfit for occupation following implementation of tighter energy performance regulations on 1 April.

On a seasonally adjusted basis, the average UK house price decreased by 0.6% in January 2023, following a decrease of 0.4% in December 2022.

Andy Sommerville, Director at Search Acumen, the property data and insight provider, comments: “In the current climate, the Government’s ambition to transform the UK into a tech super-power is absolutely the right one

Whilst average house prices in England have risen by 77% since 2012, the latest data analysis from Search Acumen indicates a similar trajectory for annual property transaction volumes, almost doubling in a decade from 714,000, to over 1.3 million.

On a seasonally adjusted basis, the average UK house price decreased by 0.2% between November and December 2022, following an increase of 0.5% in the previous month.