UK House Price Index Data
The UK HPI is published by HM Land Registry, Land and Property Services Northern Ireland, Office for National Statistics and Registers of Scotland. Sales only appear in the UK HPI once the purchases have been registered, so there can be a delay before transactions feed into the index.
As of December 2019 the average house price in the UK is £234,742, and the index stands at 123.12. Property prices have risen by 0.3% compared to the previous month, and risen by 2.2% compared to the previous year.
UK average house prices increased by 2.2% over the year to December 2019, up from 1.7% in November 2019.
Average house prices increased over the year in England to £252,000 (2.2%), Wales to £166,000 (2.2%), Scotland to £152,000 (2.2%) and Northern Ireland to £140,000 (2.5%).
For the first time since February 2018, all regions have seen a positive annual growth rate.
- The lowest annual growth rate was in the South East of England (1.2%), followed by the West Midlands (1.4%).