UK house prices rose by 3.1% in the year to July 2018, down slightly from 3.2% in the year to June 2018. This is the lowest UK annual rate since August 2013 when it was 3.0%.
House prices grew fastest in the North West region, increasing by 5.6% in the year to July 2018, followed by the South West and the West Midlands, both increasing by 4.4% over the year. House prices in London fell by 0.7% in the year to July 2018, down from an increase of 0.3% in the previous month.