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- UK house prices climbed 8.5% in 2020, the highest annual growth rate since October 2014, according to official figures. 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 3.5%.
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Dec 30, 2020 · 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...
Feb 17, 2021 · UK house prices climbed 8.5% in 2020, the highest annual growth rate since October 2014, according to official figures. The average UK house price reached a record high of £252,000 in...
- 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.
Feb 17, 2021 · England house prices grew by 8.5% in the year to December 2020, up from 7.0% in November 2020. England house prices were growing at a similar rate to the UK rate of 8.5% in the year to December...
Local AuthoritiesOctober 2020October 2019Adur7798Allerdale124153Amber Valley177219Arun283266Mar 25, 2020 · Reports for the UK House Price Index (UK HPI) for England, Scotland, Wales and Northern Ireland. From: HM Land Registry.
- HM Land Registry
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...
Dec 16, 2020 · The East Midlands, North West and Yorkshire and The Humber were the joint fastest growing regions with annual growth of 6.6% in the year to October 2020. The lowest annual growth...
