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UK House Price Index for March 2020

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

Following the publication of this index, the UK HPI will be suspended until further notice. Further information can be found on the Office for National Statistics (ONS) website.

The March data shows:

  • on average, house prices have fallen by 0.2% since February 2020
  • there has been an annual price rise of 2.1%, which makes the average property in the UK valued at £231,855

England

In England the March data shows, on average, house prices have fallen by 0.1% since February 2020. The annual price rise of 2.2% takes the average property value to £248,271.

The regional data for England indicates that:

  • the South West experienced the greatest monthly price rise, up by 2.0%
  • Yorkshire and the Humber saw the most significant monthly price fall, down by 3.6%
  • London experienced the greatest annual price rise, up by 4.7%
  • Yorkshire and the Humber saw the lowest annual price growth, 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-march-2020

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