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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
Q1 | Q2 | Q3 | Q4 | |
2020 | 0.83% | 0.83% | ||
2019 | -0.51% | 0.48% | 0.04% | -0.59% |
2018 | 0.07% | 0.36% | 0.24% | -1.45% |
2017 | -0.04% | 0.52% | 0.32% | -0.88% |
2016 | 1.07% | 2.14% | 0.63% | -0.88% |
2015 | 0.37% | 2.40% | 0.56% | 0.47% |
2014 | 2.01% | 3.99% | 1.11% | -0.10% |
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% |
2007 | 1.90% | 2.44% | 1.28% | -1.04% |
2006 | 1.74% | 1.67% | 1.45% | 1.40% |
2005 | -0.04% | 2.04% | -0.42% | -0.65% |
2004 | 3.69% | 5.96% | 3.38% | -1.30% |
2003 | 3.58% | 3.59% | 3.49% | 2.79% |
2002 | 2.91% | 7.54% | 6.94% | 4.06% |
2001 | 3.16% | 2.83% | 3.89% | 1.49% |
2000 | 4.24% | 3.51% | -0.33% | 0.31% |
1999 | 1.47% | 2.75% | 3.50% | 2.72% |
1998 | 1.74% | 2.52% | 1.76% | -0.64% |
1997 | 1.02% | 3.60% | 3.73% | 1.19% |
1996 | 0.11% | 2.03% | 1.54% | 1.41% |
1995 | -2.57% | -0.44% | -0.88% | -1.23% |
1994 | 0.07% | -1.16% | 0.72% | 0.28% |
1993 | -0.40% | 2.27% | -0.64% | -1.65% |
1992 | -3.18% | -1.20% | -0.80% | -4.59% |
1991 | -1.37% | -1.67% | -2.09% | -3.44% |
1990 | -4.80% | -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.
Yearly change in house prices, nominal and inflation-adjusted
Year | Inflation Adjusted | Nominal Change |
2019 | -0.58% | 0.82% |
2018 | -0.79% | 1.30% |
2017 | -0.08% | 2.67% |
2016 | 2.97% | 4.51% |
2015 | 3.84% | 4.26% |
2014 | 7.15% | 8.34% |
2013 | 5.01% | 7.07% |
2012 | -3.47% | -1.13% |
2011 | -2.73% | 1.11% |
2010 | -2.23% | 0.53% |
2009 | 1.74% | 3.37% |
2008 | -17.78% | -14.75% |
2007 | 4.62% | 6.91% |
2006 | 6.40% | 9.33% |
2005 | 0.91% | 3.23% |
2004 | 12.12% | 13.86% |
2003 | 14.14% | 15.49% |
2002 | 23.16% | 25.30% |
2001 | 11.85% | 13.36% |
2000 | 7.89% | 9.37% |
1999 | 10.86% | 12.55% |
1998 | 5.46% | 7.25% |
1997 | 9.85% | 12.07% |
1996 | 5.19% | 8.32% |
1995 | -5.03% | -2.27% |
1994 | -0.11% | 2.08% |
1993 | -0.47% | 1.76% |
1992 | -9.46% | -6.46% |
1991 | -8.31% | -2.34% |
The yearly changes table looks at the last quarter's/month's index values for a given year and compares it with the same quarter/month of the previous year to gauge the change in house prices during that given year.