• UK: House price index growth slowed in April

Market news

16 June 2021

UK: House price index growth slowed in April

According to the report from Office for National Statistics, UK average house prices increased by 8.9% over the year to April 2021, down from 9.9% in March 2021.

The average UK house price was £251,000 in April 2021; this is £20,000 higher than in April 2020.

On a non-seasonally adjusted basis, average house prices in the UK decreased by 1.9% between March and April 2021, compared with a decrease of 1.0% in the same period a year ago.

On a seasonally adjusted basis, average house prices in the UK decreased by 2.2% between March and April 2021 following an increase of 2.0% in the previous month.

Average house prices increased over the year in England to £268,000 (8.9%), in Wales to £185,000 (15.6%), in Scotland to £161,000 (6.3%) and in Northern Ireland to £149,000 (6.0%). London continues to be the region with the lowest annual growth (3.3%) for the fifth consecutive month.

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