HM Land Registry
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UK House Price Index for February 2019

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

The February data shows:

  • on average, house prices have fallen by 0.8% since January 2019
  • there has been an annual price rise of 0.6%, which makes the average property in the UK valued at £226,234

England

In England, the February data shows, on average, house prices have fallen by 0.6% since January 2019. The annual price rise of 0.4% takes the average property value to £242,964.

The regional data for England indicates that:

  • the North West experienced the greatest monthly price rise, up by 1.3%
  • Yorkshire and The Humber saw the most significant monthly price fall, down by 2.5%
  • the North West experienced the greatest annual price rise, up by 4.0%
  • London saw the largest annual price fall, down by 3.8%

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-february-2019

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