May 2018: What Is Happening With House Prices?

May 23rd 2018
By: Thomas Morris
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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 23rd May 2018.

The March data shows an average house prince in the UK of £224,144 and an average house price in England of £240,949

UK Property

There has been a -0.2% Monthly change and a +4.2% Annual change

Property In England

There has been a +0.3% Monthly change and a +4.0% Annual change

East Of England

There has been a +1.0% Monthly change and a +5.8% Annual change

Cambridgeshire

There has been a +4.8% Annual change

Hertfordshire

There has been a +2.2% Annual change

Bedfordshire

There has been a +7.3% Annual change

The Biggest price move region was in Scotland with an Annual change of +6.7%
The Smallest price move region was in London with an Annual change of -0.7%

To view a full report of the latest UK House Price Index Summary 
click here
To view a full report of the latest House Price Index England click here