The UK House Price Index issued by Gov.UK captures changes in the value of residential properties using sales data collected on residential housing transactions, bought with cash or with a mortgage.
Here is a summary of official house price movements across our region and beyond according to the latest UK House Price Index Reports published 19th February 2020.
The December data shows an average house prince in the UK of £234,742 and an average house price in England of £251,711
There has been a 0.3% Monthly change and a 2.2% Annual change
Property In England
There has been a 0.6% Monthly change and a 2.2% Annual change
East Of England
There has been a 2.1% Monthly change and a 2.4% Annual change
There has been a -1.4% Annual change
There has been a -0.1% Annual change
There has been a 0.7% Annual change
The region with the Biggest annual price move was Yorkshire and The Humber with a change of 3.9%
The region with the Smallest annual price move was South East with a change of 1.2%