Property house prices

Monthly house price inflation in the UK, calculated using data from HM Land Registry, Registers of Scotland, and Land and Property Services Northern ...

Further information on how we usually process the new build properties can be found in the HMLR's Quality and methodology guidance. Estimates for the most recent months are provisional and likely to be updated as more data are incorporated into the index. So, to address this, we have pooled new build transactions for certain months in England and Wales, which means that: HMLR is focusing on their core purpose of registering land, and this includes recording the price paid for a property. This includes the National Accounts, fiscal statistics, prices, trade and the balance of payments and labour market statistics. Following the UK’s exit from the EU, new governance arrangements are being put in place that will support the adoption and implementation of high-quality standards for UK economic statistics.

Property market fall 'could be on the horizon' as incomes squeezed and interest rates rise.

The typical property value was £278,000 in March 2022, according to the Office for National Statistics. London, UK -April 10th 2016: Commercial real estate ...

Not even halfway into March, we had also already witnessed a spike in buyer inquiries and sales compared to the same time period last year.” The report was released on the same day the ONS said Consumer Prices Index inflation rose to 9 per cent in the year to April, up from 7 per cent in March. A separate report from the ONS showed private rental prices paid by tenants in the UK rose by 2.7 per cent in the 12 months to April, up from 2.4 per cent in the 12 months to March. The lowest annual house price growth was in London, where average prices increased by 4.8 per cent over the year to March. Within England, the East Midlands had the highest annual house price growth, with average prices increasing by 12.4 per cent in the year to March. The average UK house price jumped by £24,000 in the year to March, new figures have revealed.

Rocketing house price inflation since the start of the pandemic in 2020 could be showing the first signs easing. Average house prices in the UK increased by 9.8 ...

This has helped push up house prices by an average of 5.4% in the year to June 2021, it said. According to the Halifax, Wales recorded an annual house price increase of 13.8% to the end of July, its strongest growth figure since 2005. Zoopla reported annual house price growth of 6.1% in the year to August 2021. Wales continues to outstrip any other area in the UK with average annual house price growth of 11.5%,. Scotland (8.3%) also outperformed the UK national average. As a result, Halifax expects house buying demand to cool in the months ahead as the cost of mortgages increases. The upward trajectory of house prices continued in October, according to Halifax’s latest house price index. In Scotland, property prices increased by 11.2% over the year to December putting the cost of an average home at £180,000. Average house prices in the UK stood 10.8% higher in December 2021 compared to the previous year. It also brings the average asking price of a UK property to a staggering £348,804. In contrast, price growth over the past 12 months to February was slowest in London, which recorded a figure of 3.2%. But, with a figure of 5.9%, house prices are continuing to recover in the capital. The property website’s house price index shows that average prices grew by 8.3% in the year to March 2022, down slightly from the 8.8% recorded a month earlier.