HM Land Registry
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UK House Price Index for December 2018

The UK HPI shows house price changes for England, Scotland, Wales and Northern Ireland.

The December data shows:

  • on average, house prices have risen by 0.2% since November 2018
  • there has been an annual price rise of 2.5%, which makes the average property in the UK valued at £230,776

England

In England, the December data shows, on average, house prices have risen by 0.3% since November 2018. The annual price rise of 2.3% takes the average property value to £247,886.

The regional data for England indicates that:

  • the West Midlands and Yorkshire and the Humber both experienced the greatest monthly price rise, up by 2.0%
  • the East of England saw the most significant monthly price fall, down by 1.1%
  • the West Midlands experienced the greatest annual price rise, up by 5.2%
  • the North East saw the largest annual price fall, down by 1.0%

Click here for the full press release

 

Channel website: https://www.gov.uk/government/organisations/land-registry

Original article link: https://www.gov.uk/government/news/uk-house-price-index-for-december-2018

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