UK House Price Index for May 2018

18 Jul 2018 04:17 PM

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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