Regional HPI
House prices record seventh consecutive monthly decline in March
- House prices down 3.1% year-on-year in March – the largest annual decline since July 2009
- All regions saw a slowing in price growth in Q1, with most seeing small year-on-year falls
- West Midlands was the strongest performing region, while Scotland remained the weakest
Annual house price growth continued to slow sharply as 2022 drew to a close
- Fourth consecutive monthly decline drives annual house price growth down to 2.8% in December
- All regions record a slowdown in annual price growth in the final quarter of the year
- East Anglia the strongest performing region in 2022, while Scotland was weakest
- Gap between weakest and strongest regions smallest since Society’s regional indices began in 1974
- Since Q1 2020, price growth in detached properties was around double that of flats
Annual house price growth slows to single digits in September
- Modest slowing in annual UK house price growth to 9.5% in September, from 10% in August
- 10 of the UK’s 13 regions recorded slower annual price growth in the third quarter of the year
- South West was the strongest performing region once again, while London remained weakest
Annual house price growth slows in June, but remains in double digits
- Modest slowing in annual UK house price growth to 10.7% in June, from 11.2% in May
- Most regions saw slight slowing in annual growth in Q2
- South West overtook Wales as strongest performing region, while London remained weakest
- South West also strongest performing region through the pandemic
UK house price growth surges to its highest level since 2004
- Annual house price growth increased to 14.3%, from 12.6% in February
- Wales remained strongest performing region in Q1 2022, while London remained weakest
- Detached properties have increased by nearly £68,000 since onset of pandemic, while average flat prices up £24,000
UK house prices end the year at a record high, with annual price growth in double digits
- Annual house price growth increased to 10.4%, from 10.0% in November
- 2021 was the strongest calendar year for house price growth since 2006
- Price of a typical UK home hit record high of £254,822, up nearly £24,000 over the year
- Wales was the strongest performing region in 2021, London the weakest
Annual house price growth slows in September, but remains in double digits
- Annual house price growth eased back to 10.0%, from 11.0% in August.
- Prices little changed month-on-month, after taking account of seasonal factors
- Wales and Northern Ireland the strongest performing regions in Q3, London the weakest
- Cost of typical mortgage as share of take home pay above long run average in 10 of 13 UK regions, up from 1 pre-pandemic (see p2)
Annual house price growth accelerates above 13% in June, with all UK regions recording a pickup in Q2
- Annual house price growth rises to 13.4%, the highest level since November 2004
- Prices up 0.7% month-on-month, after taking account of seasonal factors
- Northern Ireland sees strongest growth in Q2, Scotland the weakest, closely followed by London
UK annual house price growth slows in March as North West sees strongest growth in first quarter of 2021
- Prices down 0.2% month-on-month, after taking account of seasonal factors
- Policy support likely to boost housing market over the next six months, longer-term outlook remains highly uncertain
- London sees the weakest growth in all of the UK in Q1
Annual house price growth rose to a six-year high of 7.3% at the end of 2020
- Prices up 0.8% month-on-month, after taking account of seasonal factors
- All regions saw a pickup in house price growth rates in Q4, with East Midlands the strongest region
Annual house price growth gathers momentum in September as housing market recovery continues
- Annual price growth picked up to 5.0% in September, the highest rate since Sep 2016
- Prices rose 0.9% month-on-month, after taking account of seasonal factors
- Most regions saw a pickup in house price growth rates in Q3
House price growth slows to just 0.5% in 2018, down from 2.6% in 2017
- Annual house price growth slows to its weakest pace since February 2013
- Prices fell 0.7% in the month of December, after taking account of seasonal factors
- Outer Metropolitan and London regions both recorded small house price declines in 2018
