Yahoo Web Search

Search results

  1. 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...

    • 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 HMLR's UK House Price Index guidance on GOV.UK.

  2. Feb 14, 2024 · Average house prices increased by 1.4% to £178,000 in the year to Quarter 4 (Oct to Dec) 2023 in Northern Ireland. Within England, the North West had the highest annual percentage change in...

  3. 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.

  4. Sep 14, 2022 · UK house prices increased by 15.5% in the year to July 2022, up from 7.8% in June 2022. On a non-seasonally adjusted basis, average house prices in the UK increased by 2.0%...

  5. As of August 2024, the average house price in the UK is £292,924, and the index stands at 153.6. Property prices have risen by 1.5% compared to the previous month, and risen by 2.8% compared to...

  6. People also ask

  7. Aug 29, 2024 · House prices in the UK rose dramatically during the coronavirus pandemic, with growth slowing down in 2022 and turning negative in 2023. The year-on-year annual house price change peaked at 14...