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Search sold property prices. Find out how much a property sold for in England and Wales. Start now on the price paid data service.
The data starts from 1952 to the current year. Nationwide builds their house price index from their mortgage lending data (Nationwide is one of UK’s biggest mortgage providers). More information about their methodology (i.e. how they calculate house prices can be found here). The following house prices are not adjusted for inflation.
We've looked back to see how house prices have changed each year since 1963, along with key events that defined each 12-month period. Click or scroll on to find out how much you’d have paid for a property mid-way through the last century... See how UK house prices have changed every year from 1963 to 2024. If you bought your home 40 years ago ...
Aug 28, 2024 · Yes, UK house prices are falling slowly as the market continues to get used to higher mortgage rates. The average house price in the UK is now £263,600. This is no change compared to a month ago and a fall of -0.5% (or £1,200) compared to a year ago. Read more in our House Price Index: February 2024.
- Mortgage arrangement fee. Most mortgage deals come with what's known as an 'arrangement' fee – sometimes referred to as a 'product' fee instead. This is charged by lenders for setting up a mortgage deal.
- Mortgage booking fee (rare these days) A few lenders charge a separate 'mortgage booking' fee to secure a fixed-rate, tracker or discount deal, though it's far less common these days than it used to be.
- Valuation fee. Lenders charge this to check how much the property you're buying's worth – which can be different to what you've offered for it. They do this for their security, so they can be sure that if things go wrong and you fail to repay, they can repossess the property and get a decent amount for it when sold.
- Cost of a survey. No, we haven’t repeated ourselves here. While a valuation is for the lender’s benefit to confirm the property exists and is satisfactory security for the loan, a survey is a more thorough inspection of the property for your benefit.
It's as easy as 1,2,3! Calculate your Costs. The costs of buying a house can vary drastically; Legal fee's typically are around £800 - £1,500 +VAT alongside any local searches needed to be carried out. Use our calculator to determine bespoke costs of buying a house in the UK.
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Oct 16, 2024 · First-time buyers purchasing properties costing up to £425,000 don't need to pay any stamp duty, and those buying a property priced between £425,001 and £625,000 get a discount. This means you could save thousands compared to the rates for home movers. It works like this: Homes priced up to £425,000: no stamp duty.
