HM Land Registry
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UK House Price Index for April 2021
The UK HPI shows house price changes for England, Scotland, Wales and Northern Ireland.
In the past 12 months all those involved in the property market have been impacted by the effects of coronavirus (COVID-19); HM Land Registry is no different and, as a result, this release of the UK House Price index is not as complete as it could be.
The data is accurate; however, this release may be subject to increased revisions as more data is added over the coming months. See Reducing delays for further information.
The April data shows:
- on average, house prices have fallen 1.9% since March 2021
- there has been an annual price rise of 8.9% which makes the average property in the UK valued at £250,772
England
In England the April data shows, on average, house prices have fallen by 1.9% since March 2021. The annual price rise of 8.9% takes the average property value to £268,380.
The regional data for England indicates that:
- the East of England experienced the greatest monthly price rise, up by 0.3%
- Yorkshire and the Humber saw the lowest monthly price growth, with a fall of 3.7%
- the North East experienced the greatest annual price rise, up by 16.9%
- London saw the lowest annual price growth, with a rise of 3.3%
Price change by region for England
| Region | Average price April 2021 | Annual change % since April 2020 | Monthly change % since March 2021 |
|---|---|---|---|
| East Midlands | £213,308 | 9.3 | -1.1 |
| East of England | £313,964 | 8.0 | 0.3 |
| London | £491,687 | 3.3 | -2.0 |
| North East | £144,032 | 16.9 | -1.7 |
| North West | £183,299 | 11.8 | -2.6 |
| South East | £341,358 | 5.0 | -2.3 |
| South West | £279,951 | 9.1 | -2.3 |
| West Midlands | £216,973 | 11.2 | -0.9 |
| Yorkshire and the Humber | £179,408 | 12.0 | -3.7 |
Repossession sales by volume for England
The lowest number of repossession sales in February 2021 was in the East of England and the South West.
The highest number of repossession sales in February 2021 was in the North West.
| Repossession sales | February 2021 |
|---|---|
| East Midlands | 8 |
| East of England | 5 |
| London | 18 |
| North East | 23 |
| North West | 30 |
| South East | 20 |
| South West | 7 |
| West Midlands | 10 |
| Yorkshire and the Humber | 17 |
| England | 138 |
Average price by property type for England
| Property type | April 2021 | April 2020 | Difference % |
|---|---|---|---|
| Detached | £412,888 | £377,497 | 9.4 |
| Semi-detached | £255,589 | £231,699 | 10.3 |
| Terraced | £219,577 | £200,144 | 9.7 |
| Flat/maisonette | £230,172 | £219,836 | 4.7 |
| All | £268,380 | £246,424 | 8.9 |
Funding and buyer status for England
| Transaction type | Average price April 2021 | Annual price change % since April 2020 | Monthly price change % since March 2021 |
|---|---|---|---|
| Cash | £251,604 | 9.1 | -2.1 |
| Mortgage | £276,754 | 8.8 | -1.8 |
| First-time buyer | £224,786 | 9 | -1.6 |
| Former owner occupier | £305,075 | 8.9 | -2.1 |
Building status for England
| Building status* | Average price February 2021 | Annual price change % since December 2019 | Monthly price change % since January 2021 |
|---|---|---|---|
| New build | £333,823 | 10.8 | 0.5 |
| Existing resold property | £265,592 | 9.0 | 0.5 |
*Figures for the 2 most recent months are not being published because there are not enough new build transactions to give a meaningful result.
London
London shows, on average, house prices have fallen by 2.0% since March 2021. An annual price rise of 3.3% takes the average property value to £491,687.
Average price by property type for London
| Property type | April 2021 | April 2020 | Difference % |
|---|---|---|---|
| Detached | £973,284 | £921,807 | 5.6 |
| Semi-detached | £626,412 | £585,408 | 7.0 |
| Terraced | £532,494 | £502,673 | 5.9 |
| Flat/maisonette | £415,006 | £412,702 | 0.6 |
| All | £491,687 | £476,159 | 3.3 |
Funding and buyer status for London
| Transaction type | Average price April 2021 | Annual price change % since April 2020 | Monthly price change % since March 2021 |
|---|---|---|---|
| Cash | £503,642 | 0.5 | -2.7 |
| Mortgage | £487,017 | 3.9 | -1.9 |
| First-time buyer | £428,026 | 3.1 | -2 |
| Former owner occupier | £558,597 | 3.4 | -2 |
Building status for London
| Building status* | Average price February 2021 | Annual price change % since December 2019 | Monthly price change % since January 2021 |
|---|---|---|---|
| New build | £508,782 | 5.4 | -0.5 |
| Existing resold property | £493,617 | 3.9 | -1.8 |
*Figures for the 2 most recent months are not being published because there are not enough new build transactions to give a meaningful result.
Wales
Wales shows, on average, house prices have risen by 0.6% since March 2021. An annual price rise of 15.6% takes the average property value to £185,041.
There were 9 repossession sales for Wales in February 2021.
Average price by property type for Wales
| Property type | April 2021 | April 2020 | Difference % |
|---|---|---|---|
| Detached | £279,864 | £241,393 | 15.9 |
| Semi-detached | £181,164 | £155,073 | 16.8 |
| Terraced | £143,012 | £124,284 | 15.1 |
| Flat/maisonette | £124,317 | £110,723 | 12.3 |
| All | £185,041 | £160,039 | 15.6 |
Funding and buyer status for Wales
| Transaction type | Average price April 2021 | Annual price change % since April 2020 | Monthly price change % since March 2021 |
|---|---|---|---|
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Channel website: https://www.gov.uk/government/organisations/land-registry
Original article link: https://www.gov.uk/government/news/uk-house-price-index-for-april-2021 Share this article
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