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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...
- Economic Statistics Governance After EU Exit
- Coronavirus
- Sales Volumes
- Upcoming Changes
- Data Sources
- Quality
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. These governance arrangements will promote international comparability and add to the credibility and independence of the UK's statistical system. At the cent...
In the past 12 months, all those involved in the property market have been affected by coronavirus (COVID-19); HMLR is no different, and as a result of this, the HPI data are not as complete as they could be. HMLR is focusing on their core purpose of registering land, and this includes recording the price paid for a property. This means that the UK...
Sales only appear in the UK HPI once the purchases have been registered or submitted for registration in the case of sales in Scotland (based on completed sales rather than advertised or approved prices). Therefore, there can be a delay before transactions feed into the index. Estimates for the most recent months are provisional and likely to be up...
HMLR is currently increasing the level of automation in the way they process applications. As a result of this process, initial data numbers may be slightly lower. However, in the medium to long term, this will lead to a better service and higher volumes. HMLR is also planning full automation regarding the collection of price paid data over the nex...
The main sources of data used in the UK are HMLR for England and Wales, Registers of Scotland, and HMRC's Stamp Duty Land Tax data for the Northern Ireland HPI.
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 HMLR on GOV.UK.
The average UK house price was £256,000 in March 2021; this is £24,000 higher than in March 2020 (Figure 2). On a non-seasonally adjusted basis, average house prices in the UK increased by 1.8%...
Nov 17, 2021 · In England the September data shows, on average, house prices have risen by 2.9% since August 2021. The annual price rise of 11.5% takes the average property value to £287,895. The regional...
- HM Land Registry
Jun 29, 2021 · All parts of the UK saw a rise in house prices in the second quarter of 2021, with Northern Ireland and Wales experiencing the largest year-on-year increases of 14% and 13.1% respectively.
House Price Index. The largest monthly sample of residential property prices. Biggest price drop since January as sellers tempt bargain-hunting pre-Xmas buyers. The price of property coming to market drops by an average of 0.6% (-£2,044) compared to last month, the largest monthly fall since January.
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How much did house prices increase in the UK in 2021?
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What is the average house price in Scotland 2021?
Aug 18, 2021 · In England, the June data shows on average, house prices have risen by 4.9% since May 2021. The annual price rise of 13.3% takes the average property value to £284,029.
