Monthly house price inflation in the UK, calculated using data from HM Land Registry, Registers of Scotland, and Land and Property Services Northern Ireland.
Main points
UK average house prices increased by 8.5% over the year to December 2020, up from 7.1% in November 2020, to stand at a record high of £252,000; this is the highest annual growth rate the UK has seen since October 2014.
Average house prices increased over the year in England to £269,000 (8.5%), in Wales to £184,000 (10.7%), in Scotland to £163,000 (8.4%) and in Northern Ireland to £148,000 (5.3%).
The North West was the English region to see the highest annual growth in average house prices (11.2%), while London saw the lowest (3.5%).
The Office for National Statistics (ONS) has released a public statement on the coronavirus (COVID-19) and the production of statistics; Section 7: Measuring the data describes the situation in relation to the UK House Price Index ( HPI )
RELATED LINKS
UK House Price Index
Dataset | Released 17 February 2021
Monthly house price movements, including average price by property type, sales and cash mortgage sales, as well as information on first-time buyers, new builds and former owner occupiers. Data are collected by HM Land Registry and published on GOV.UK.
House price data: quarterly tables
Dataset | Released 17 February 2021
Quarterly house price data based on a sub-sample of the Regulated Mortgage Survey and an unrevised arithmetic mean version of the mix adjusted House Price Index (HPI) for Great Britain.
House price data: annual tables 20 to 39
Dataset | Released 19 August 2020
Annual house price data based on a sub-sample of the Regulated Mortgage Survey.
SOURCE – OFFICE FOR NATIONAL STASTISTICS
