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express.co.uk
- 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 higher than this time last year.
backup.ons.gov.uk/wp-content/uploads/sites/3/2022/03/UK-House-Price-Index-January-2022.pdf
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Mar 23, 2022 · The average UK house price was £274,000 in January 2022, which is £24,000 higher than this time last year. Average house prices increased over the year; in England to £292,000 (9.4%), in Wales to...
- Revision Policy
- Hm Land Registry (HMLR) Transactions
- Sales Volumes
- Data Sources
- Quality and Methodology
It takes time for property transactions to be processed following purchase completion, so transaction volumes available for use in the UK HPI build over time. Each month, as more transactions are processed and more data become available for a given month, UK HPI estimates are revised. Therefore, caution is advised when interpreting price changes in...
In recent periods, the total transaction volumes available to calculate UK HPI estimates for the latest months have been lower than historically (see UK HPI Quality and Methodology Information (QMI) Section 2.2: Accuracy). This has arisen from a combination of total transaction volumes in England and Wales falling over the past year (HM Revenue and...
Sales are only available for inclusion in the UK HPI after property purchases have been registered (or submitted for registration in Scotland), so are based on completed sales rather than advertised or approved prices. Registration takes time, so there can be a delay before transactions feed into UK HPI estimates. Estimates for the most recent mont...
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.
From 20 December 2023's publication, a change was made to how property transactions for Great Britain with a missing Acorn classification are used in the regression model. This methodology improvement increases UK coherence and improves the quality of UK HPI statistics. More information is available in the UK HPI Quality and Methodology Information...
Jan 15, 2024 · The average asking price of a home in Great Britain has seen the biggest New Year bounce since 2020, rising by £4,571 (+1.3%) this month to reach almost £360,000.
Mar 23, 2022 · Average house prices in the UK increased by 9.6% in the year to January 2022, down from 10.0% in December 2021.
Average UK house prices increased by £6,000 between June and July this year, compared with a fall of £13,000 between the same months last year. The average UK house price was £292,000 in July...
Aug 17, 2022 · England saw house prices increase by 7.3% in the year to June 2022. Northern Ireland saw house prices increase by 9.6% over the year to Quarter 2 (April to June) 2022.
Mar 23, 2022 · On a non-seasonally adjusted basis, average house prices in England increased by 0.1% between December 2021 and January 2022, compared with an increase of 0.6% during the same period a year...
