UK House Price Index – August
Overall – there has been an annual price rise of 0.9% across the UK – which makes the average property in the UK valued at £230,292 (source www.gov.uk)
- In England, the June data shows on average, house prices have risen by 0.7% since May 2019. The annual price rise of 0.7% takes the average property value to £246,728.
- London shows, on average, house prices have risen by 0.7% since May 2019. An annual price fall of 2.7% takes the average property value to £466,824.
- Wales shows, on average, house prices have risen by 1.2% since May 2019. An annual price rise of 4.4% takes the average property value to £163,768.
- Scotland house prices increased by 1.3% in the year to June 2019, down from 1.5% in the year to May 2019. Scotland house prices were growing faster than the UK annual rate of 0.9% in the year to June 2019.
- Wales house prices increased by 4.4% in the year to June 2019, down from 4.6% in the year to May 2019. Wales house prices were growing faster than the UK annual rate of 0.9% in the year to June 2019.
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Annual price change for UK by country over the past 5 years