HM Land Registry
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UK House Price Index for May 2018

The UK House Price Index (UK HPI) shows house price changes for England, Scotland, Wales and Northern Ireland.

The May data shows:

  • on average, house prices have risen by 0.1% since April 2018
  • an annual price rise of 3%, which makes the average property in the UK valued at £226,351

England

In England, the May data shows on average, house prices have risen by 0.3% since April 2018. The annual price rise of 2.9% takes the average property value to £243,583.

The regional data for England indicates that:

  • East Midlands experienced the greatest monthly price rise, up by 1.7%
  • the North East saw the most significant monthly price fall, down by 0.5%
  • London saw the lowest annual price increase, down by 0.4%

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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-may-2018

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