What Is Happening WIth House Prices?

June 17th 2019
By: Thomas Morris

1 house prices high and low

In May, the average house price in England & Wales fell by a modest £200, or -0.1%, to £300,866. This was the third month in succession that average prices have fallen marginally, with prices some £250 lower than at the start of the year. Over the last twelve months, the movement in prices from one month to the next has been relatively subdued, with a maximum change of +0.7%. Thus the increase in the average price over the last twelve months amounts to a minor +£1,000, or +0.3%.

Property In England

There has been a -0.1% Monthly Change and a 0.3% Annual Change

East of England

There has been a -0.6% Monthly Change and a -1.6% Annual Change

Cambridgeshire

There has been a 0.6% Monthly Change and a 1.1% Annual Change

Hertfordshire

There has been a -0.6% Monthly Change and a -3.9% Annual Change

Central Bedfordshire

There has been a -0.6% Monthly Change and a -0.6% Annual Change

The region with the Biggest price movement was Wales with an annual change of 3.1%

The region with the Smallest price movement was South East with an annual change of -1.8%

Click here to see a detailed copy of the House Price Index Report May 2019 published by LSL Property Services.