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United Kingdom average house price (in British Pounds)

United Kingdom

House prices in the United Kingdom.

We use Nationwide house price data, which stretches back to 1952 on a quarterly basis.

There are many other UK house price data sources including Halifax and the Land Registry.

House prices in UK, % change 1 yr

Nominal and inflation-adjusted ('real')

United Kingdom

Source: Nationwide


Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
20200.83%0.83%
2019-0.51%0.48%0.04%-0.59%
20180.07%0.36%0.24%-1.45%
2017-0.04%0.52%0.32%-0.88%
20161.07%2.14%0.63%-0.88%
20150.37%2.4%0.56%0.47%
20142.01%3.99%1.11%-0.1%
2013-0.33%1.87%1.85%1.55%
2012-1.67%0.63%-0.94%-1.52%
2011-1.55%1.38%-0.63%-1.92%
2010-0.09%2.54%-1.14%-3.47%
2009-4.32%1.97%3.48%0.77%
2008-2.96%-4.51%-6.43%-5.17%
20071.9%2.44%1.28%-1.04%
20061.74%1.67%1.45%1.4%
2005-0.04%2.04%-0.42%-0.65%
20043.69%5.96%3.38%-1.3%
20033.58%3.59%3.49%2.79%
20022.91%7.54%6.94%4.06%
20013.16%2.83%3.89%1.49%
20004.24%3.51%-0.33%0.31%
19991.47%2.75%3.5%2.72%
19981.74%2.52%1.76%-0.64%
19971.02%3.6%3.73%1.19%
19960.11%2.03%1.54%1.41%
1995-2.57%-0.44%-0.88%-1.23%
19940.07%-1.16%0.72%0.28%
1993-0.4%2.27%-0.64%-1.65%
1992-3.18%-1.2%-0.8%-4.59%
1991-1.37%-1.67%-2.09%-3.44%
1990-4.8%-4.34%-5.92%

This table shows the change in house prices during a single quarter, adjusted for inflation.

Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.