Average house prices in London have now been falling over the year each month since March 2018. This was followed by London, where prices increased by 0.2% over the year.We use this information to make the website work as well as possible and improve our services.House price growth in Wales increased by 7.8% over the year to November 2019, up from 3.6% in October 2019, with the average house price in Wales at £173,000. House prices in Scotland increased by 1.3% in the year to June 2019, down from 1.5% in the year to May 2019, with the average house price in Scotland now £152,000. The average UK house price was £230,000 in February 2020, £2,000 higher than February 2019. The North East continued to have the lowest average house price, at £131,000, and is the only English region yet to surpass its pre-economic downturn peak of July 2007 (Figure 5).As sales only appear in the UK HPI once the purchases have been registered (based on completed sales rather than advertised or approved prices), there can be a delay before transactions feed into the index. While changes to estimates are small at the headline level, these can be larger changes at lower geographies owing to fewer transactions being used. Caution is therefore advised when interpreting price changes in the most recent periods. Northern Ireland remains the cheapest UK country to purchase a property in, with the average house price at £137,000 (Figure 3). How do growth rates compare at the country level?House price growth in Wales increased by 4.4% in the year to June 2019, down from 4.6% in May 2019, with the average house price at £164,000. From analysing the data, Compare My Move found that the average price of a UK house grew by a staggering 318% from 1995 to 2019, with Brighton taking the lead for the biggest growth at 668% and Glasgow experiencing the smallest gain of 179%. Northern Ireland house prices increased by 3.5% over the year to Quarter 2 (April to June) 2019. On a non-seasonally adjusted basis, average house prices in the UK increased by 0.7% between May 2019 and June 2019, compared with a rise of 0.7% in average prices during the same period a year earlier (May 2018 and June 2018). This followed an increase of 0.3% in the previous month. The House Price Index (HPI) measures the price changes of residential housing as a percentage change from a specific time period (12 months prior or a base period, where HPI = 100).The UK HPI applies a hedonic regression model that utilises the various sources of data on property price and attributes to produce up-to-date estimates of the change in house prices in each period. On a non-seasonally adjusted basis, average house prices in the UK increased by 0.7% between May 2019 and June 2019, compared with a rise of 0.7% in average prices during the same period a year earlier (May 2018 and June 2018). The UK Average House Price grew by 318% from 1995 to 2019. The lowest annual growth was in London where prices fell by 2.7% over the year to June 2019, up from a fall of 3.1% in May 2019. The average UK house price was £235,000 in November 2019; this is £5,000 higher than in November 2018 (Figure 2). On a non-seasonally adjusted basis, average house prices in the UK increased by 0.4% between October 2019 and November 2019, 0.8 percentage points higher than the same period a year ago. This is £2,000 higher than the same period a year ago (June 2018) (Figure 2). In terms of property types, flats in UK sold for an average of £275,747 and terraced houses for £235,083. However, in context, from their recent peak and trough of £489,000 in July 2017 and £467,000 in June 2019, average London house prices have fallen 5.1%. Further information is provided in our The annual increase in England was driven by the West Midlands and North West.The standard average house price is calculated by taking the geometric mean price in January 2015 and then recalculating it in accordance with the index change back in time and forward to the present day.The lowest annual growth was in the East of England, where prices fell by 0.7% over the year to November 2019. Monthly house price inflation in the UK, calculated using data from HM Land Registry, Registers of Scotland, and Land and Property Services Northern Ireland. The average price for property in UK stood at £291,055 in August 2020. Average house price in the United Kingdom (UK) 2007-2019, by country The most important statistics Actual rentals paid by tenants in the United Kingdom 2000-2018 This was followed by the North West, increasing by 3.8%./economy/inflationandpriceindices/bulletins/housepriceindex/november2019Figure 3: House prices in England remain the highest in the UKFigure 4: Strongest English house price growth was in the West Midlands and the North WestA non-seasonally adjusted series is one that includes seasonal or calendar effects.latest house price data published on GOV.UK by HM Land Registry for November 2019The lowest annual growth rate was in the East of England (negative 0.7%) followed by London (positive 0.2%).The average UK house price was £235,000 in November 2019; this is £5,000 higher than in November 2018 (Figure 2). This is a fall of 1.90% in the last three months (since May 2020) and fall of 9.43% since 12 months ago. Average house prices in the UK increased by 0.9% in the year to June 2019, unchanged from May 2019 (Figure 1). This compares to 15 months of prices falling over the year in London during 2008 and 2009, the period of the economic downturn. On a seasonally adjusted basis, average house prices in the UK increased by 0.6% between October 2019 and November 2019.The UK House Price Index (HPI) is a joint production by HM Land Registry, Registers of Scotland, Land and Property Services Northern Ireland, and the Office for National Statistics (ONS). Further information is provided in our We use this information to make the website work as well as possible and improve our services.Figure 5: London house prices have been falling over the year since March 2018This is a high-level summary of the UK House Price Index (HPI). Data are available at a local authority level as well as by property type, buyer status, funding statistics and property status.The second lowest annual growth was in London, where prices increased by 0.2% over the year to November 2019, up from a fall of 0.5% in October 2019.