Housing Price Inflation in the UK
Average house prices in the UK increased by 12.4 percent to £281,000 ($344,097) over the year ending April 2022, according to the UK Office for National Statistics. Among the countries that comprise the UK, England has the highest average house price at £299,000 ($366,139) and Northern Ireland has the lowest at £165,000 ($202,050).
London remains the English region with the lowest annual house price growth (twelve-month percentage change of 7.9) and the highest average house price (£529,829 ($648,799)).
Last Updated on June 22, 2022 by Ramin Seddiq