November ONS data shows on average, house prices have fallen by 0.1% since October 2018, with the overall annual price rise now standing at 2.8%, making the average property value in the UK £230,630.
England
The regional data for England indicates that:
- the North East experienced the greatest monthly price rise, up by 1.2%
- Yorkshire and the Humber saw the most significant monthly price fall, down by 1.3%
- the West Midlands experienced the greatest annual price rise, up by 4.6%
- London saw the largest annual price fall, down by 0.7%
Repossession sales by volume for England
The lowest number of repossession sales in September 2018 was in the East of England.
The highest number of repossession sales in September 2018 was in the North West.
*Figures for the two most recent months are not being published because there are not enough new build transactions to give a meaningful result.
London
London shows, on average, house prices have fallen by 1.2% since October 2018. An annual price fall of 0.7% takes the average property value to £472,901.
*Figures for the two most recent months are not being published because there are not enough new build transactions to give a meaningful result.
Wales
Wales shows, on average, house prices have risen by 0.2% since October 2018. An annual price rise of 5.5% takes the average property value to £161,499.
There were 39 repossession sales for Wales in September 2018.
*Figures for the two most recent months are not being published because there are not enough new build transactions to give a meaningful result.
Source. Gov.org
For full UKHI prices click HERE.
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