Key points -
- UK house prices increased by 5.5% in the year to April 2015, down from 9.6% in the year to March 2015.
- House price annual inflation was 5.8% in England, 1.3% in Wales, 2.2% in Scotland and 8.8% in Northern Ireland.
- The pace of annual house price growth fell across the majority of the UK in April 2015.
- Annual house price increases in England were driven by an annual increase in the East (9.6%) and the South East (8.4%).
- Excluding London and the South East, UK house prices increased by 5.0% in the 12 months to April 2015.
- On a seasonally adjusted basis, average house prices fell by 1.3% between March and April 2015.
- In April 2015, prices paid by first-time buyers were 5.8% higher on average than in April 2014. For owner-occupiers (existing owners), prices increased by 5.4% for the same period.
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