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Tuesday, April 11, 2017

Latest House Price Index from the ONS

The latest House Price Data from the ONS puts the average property price in England at £234,466; a monthly increase of  0.8%, bringing the annual increase to 6.3%.

Wales fairs less well, with its average property price down to just £145,293; a monthly drop of  0.9%, means the annual growth rate is just 1.8%.

London's annual growth is also down, now just to 3.7% with average prices having dropped by 0.9% in February to £474,704. 

The regional data shows that:

  • East of England experienced the greatest increase in its average property price over the last 12 months with a movement of 10.3%
  • Yorkshire and the Humber experienced the greatest monthly price growth with an increase of 2.5%
  • North East saw the lowest annual price growth with an increase of 2.2%
  • South East saw the most significant monthly price fall with a movement of -1.0%

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