Thursday 16 Jan 2020 @ 11:10
HM Land Registry
HM Land Registry
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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
Original article link: https://www.gov.uk/government/news/uk-house-price-index-for-november-2019
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