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Housing Today
Trusted media brand of the Chartered Institute of Housing
House prices increase 10% year-on year
Official figures show prices continued to accelerate in May
The average house price in the United Kingdom rose 10% over the year to May 2021, according to the Office of National Statistics and the Land Registry.
The figures released today, show the average house price was £254,624, an increase on April of 0.9%. The average price is however slightly below the £256,000 reported for March.
Average house prices increased 9.7% over the year in England, 13.3% in Wales to £184,000, 12.1% in Scotland to £171,000 and 6% in Northern Ireland to £149,000.
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