UK House Price Index for November 2019
15 Jan 2020 10:54 AM
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 |
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