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UK House Price Index for August 2024

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

The August data shows:

  • on average, house prices have risen 1.5% since July 2024
  • there has been an annual price rise of 2.8% which makes the average property in the UK valued at £293,000

England

In England the August data shows, on average, house prices have risen by 1.6% since July 2024. The annual price rise of 2.3% takes the average property value to £310,000.

  • Yorkshire and the Humber experienced the most significant monthly increase with a movement of 2.7%
  • The South West saw the greatest monthly price fall, with a fall of -0.3%
  • The North West experienced the greatest annual price rise, up by 4.6%
  • The South West saw the lowest annual price growth, with a rise of 0.8%

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-august-2024

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