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    • 7.5%

      Image courtesy of thisismoney.co.uk

      thisismoney.co.uk

      • UK house prices climbed 7.5% in 2020, the highest growth rate for six years, building society Nationwide found. Prices ended the year 5.3% above the level prevailing in March, a resilience that seemed unlikely at the start of the pandemic, it said.
      www.bbc.co.uk/news/business-55483432
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    • Coronavirus
    • End of EU Exit Transition Period
    • Data Sources
    • Methods
    • Upcoming Changes
    • Quality

    The ONS is working to ensure that the UK has the vital information needed to respond to the impact of the coronavirus (COVID-19) pandemic on our economy and society, this includes how we measure the UK HPI. Because of the impact of the coronavirus pandemic on both the number and supply of housing transactions, some methodology changes have been mad...

    As the transition period ends and the UK enters into a new Trade and Cooperation Agreement with the EU, the UK statistical system will continue to produce and publish our wide range of economic and social statistics and analysis. We are committed to continued alignment with the highest international statistical standards, enabling comparability bot...

    The main sources of data used in the UK are HM Land Registry for England and Wales, Registers of Scotland, and HM Revenue and Customs’ (HMRC’s) Stamp Duty Land Tax data for the Northern Ireland HPI.

    The standard average house price is calculated by taking the geometric mean price in January 2015 and then recalculating it in accordance with the index change back in time and forward to the present day. The UK HPI applies a hedonic regression model that utilises the various sources of data on property price and attributes to produce up-to-date es...

    A local authority geography change has been made in the November 2020 release (release date 20 January 2021). The change is in line with the updates given by ONS Geography. This includes that Aylesbury Vale (E07000004), Chiltern (E07000005), South Bucks (E07000006) and Wycombe (E07000007) will merge to create a new local authority ”Buckinghamshire"...

    More quality and methodology information on strengths, limitations, appropriate uses, and how the data were created is available in the guidance pageof the main release published by HM Land Registry on GOV.UK.

  2. Mar 23, 2022 · UK average house prices increased by 9.6% over the year to January 2022, down from 10.0% in December 2021. The average UK house price was £274,000 in January 2022, which is £24,000...

  3. Feb 17, 2021 · Across England, detached houses showed the biggest increase out of all property types, growing by 10.1% in the year to December 2020 to £413,000. The lowest annual change was in flats and...

    Local Authorities
    October 2020
    October 2019
    Adur
    77
    98
    Allerdale
    124
    153
    Amber Valley
    177
    219
    Arun
    283
    266
  4. Feb 17, 2021 · The average UK house price reached a record high of £252,000 in December 2020, the Office for National Statistics said. The North West had the highest growth of 11.2%, while London rose just...

  5. Dec 16, 2020 · UK average house prices increased by 5.4% over the year to October 2020, up from 4.3% in September 2020, to stand at a record high of £245,000; this is the highest annual growth rate the UK has...

  6. Feb 17, 2021 · On a non-seasonally adjusted basis, average house prices in the UK increased by 1.2% between November and December 2020, compared with a fall of 0.1% during the same period a year earlier...

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