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You are at:Home»News»The UK HPI shows house price changes for England, Scotland, Wales and Northern Ireland.
Street of Houses in the UK

The UK HPI shows house price changes for England, Scotland, Wales and Northern Ireland.

0
Posted By sme-admin on January 17, 2021 News

UK house prices increased by 5.4% in the year to October 2020, up from 4.3% in September 2020.

The UK Property Transactions Statistics showed that in October 2020, on a seasonally adjusted basis, the estimated number of transactions of residential properties with a value of £40,000 or greater was 105,630. This is 8.1% higher than a year ago. Between September and October 2020, UK transactions increased by 9.8% on a seasonally adjusted basis.

House price growth was strongest in Scotland where prices increased by 6% in the year to October 2020, up from 4% in the year to September 2020. The lowest annual growth was in the East of England, where prices increased by 3.4% in the year to October 2020, down from 4% in the year to September 2020. Wales, saw house prices rise by an average of  2.5% since September 2020, with an annual price rise of 5.8% taking the average property value to £175,998.

In England the October data shows, on average, house prices have risen by 0.6% since September 2020 and the annual price rise of 5.4% takes the average property value to £262,175.

 

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