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UK House Price Index for November 2019

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

The November data shows:

  • on average, house prices have risen by 0.4% since October 2019
  • there has been an annual price rise of 2.2%, which makes the average property in the UK valued at £235,298
  • Wales experienced record annual growth in November 2019 – this was driven by a rise in sales of more expensive properties in typically busy property markets such as Cardiff and Newport, coupled with a fall in prices in the same period a year before

England

In England the November data shows, on average, house prices have risen by 0.3% since October 2019. The annual price rise of 1.7% takes the average property value to £251,222.

The regional data for England indicates that:

  • the West Midlands experienced the greatest monthly price rise, up by 1.7%
  • Yorkshire and The Humber saw the most significant monthly price fall, down by 1%
  • the West Midlands experienced the greatest annual price rise, up by 4%
  • East of England saw the largest annual price fall, down by 0.7%

Price change by region for England

Region Average price November 2019 Monthly change % since October 2019
East Midlands £197,792 1.1
East of England £291,281 -0.7
London £475,458 -0.5
North East £130,712 0.7
North West £169,362 1.1
South East £326,636 0.4
South West £259,758 -0.3
West Midlands £204,238 1.7
Yorkshire and the Humber £165,642 -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-november-2019

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