The latest UK House Price Index has shown that, in the year to January 2019, average house prices in the UK increased by 1.7
Other Key Findings
- ONS found that over the past two and a half years, there has been a slowdown in UK house price growth, driven mainly by falling prices in the south and east of England.
- The lowest annual growth was in London, where prices fell by 1.6% over the year to January 2019
- East of England where prices fell 0.2% over the year.
- The average UK house price was £228,000 in January 2019. This is £4,000 higher than the same period a year ago (January 2018).