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Published on: 17/11/2021 11:44 AMReported by: editor
The UK House Price Index (HPI) shows house price changes for England, Scotland, Wales and Northern Ireland.
The September data shows:
- on average, house prices have increased 2.5% since August 2021
- there has been an annual price rise of 11.8% which makes the average property in the UK valued at £269,945
England
In England the September data shows, on average, house prices have risen by 2.9% since August 2021. The annual price rise of 11.5% takes the average property value to £287,895.
The regional data for England indicates that:
- the North West experienced the greatest monthly rise with a movement of 5.3%
- London saw the lowest monthly price growth, with a fall of -2.9%
- the North West experienced the greatest annual price rise, up by 16.8%
- London saw the lowest annual price growth, with a rise of 2.8%
Price changes in England
UK house prices increased by 11.8% in the year to September 2021, up from 10.2% in August 2021. On a non-seasonally adjusted basis, average house prices in the UK increased by 2.5% between August and September 2021, compared with an increase of 1.1% during the same period a year earlier (August and September 2020).
The UK Property Transactions Statistics showed that in September 2021, on a seasonally adjusted basis, the estimated number of transactions of residential properties with a value of £40,000 or greater was 160,950. This is 68.4% higher than a year ago. Between August and September 2021, UK transactions increased by 67.5% on a seasonally adjusted basis, following a record level of transaction numbers in June 2021, and the subsequent reduction which followed in July.
House price growth was strongest in the North West where prices increased by 16.8% in the year to September 2021. The lowest annual growth was in London, where prices increased by 2.8% in the year to September 2021.
Source gov.uk with further breakdown and analysis
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Originally Posted by editor
The UK House Price Index (HPI) shows house price changes for England, Scotland, Wales and Northern Ireland.
The September data shows:
- on average, house prices have increased 2.5% since August 2021
- there has been an annual price rise of 11.8% which makes the average property in the UK valued at £269,945
England
In England the September data shows, on average, house prices have risen by 2.9% since August 2021. The annual price rise of 11.5% takes the average property value to £287,895.
The regional data for England indicates that:
- the North West experienced the greatest monthly rise with a movement of 5.3%
- London saw the lowest monthly price growth, with a fall of -2.9%
- the North West experienced the greatest annual price rise, up by 16.8%
- London saw the lowest annual price growth, with a rise of 2.8%
Price changes in England
UK house prices increased by 11.8% in the year to September 2021, up from 10.2% in August 2021. On a non-seasonally adjusted basis, average house prices in the UK increased by 2.5% between August and September 2021, compared with an increase of 1.1% during the same period a year earlier (August and September 2020).
The UK Property Transactions Statistics showed that in September 2021, on a seasonally adjusted basis, the estimated number of transactions of residential properties with a value of £40,000 or greater was 160,950. This is 68.4% higher than a year ago. Between August and September 2021, UK transactions increased by 67.5% on a seasonally adjusted basis, following a record level of transaction numbers in June 2021, and the subsequent reduction which followed in July.
House price growth was strongest in the North West where prices increased by 16.8% in the year to September 2021. The lowest annual growth was in London, where prices increased by 2.8% in the year to September 2021.
Source gov.uk with further breakdown and analysis
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The last time I saw such colourful houses was when I was in Portofino.
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