(ONS) House Price Index: April 2016

June 15, 2016

House Price Index: April 2016 released yesterday June 14th by the Office for National Statistics:

UK average house prices have increased by 8.2% in the year to April 2016 (down from 8.5% in the year to March 2016), continuing the strong growth seen since the end of 2013.

The average UK house price was £209,000 in April 2016. This is £16,000 higher than in April 2015, and £1,300 higher than last month.

The main contribution to the increase in UK house prices came from England, where house prices increased by 9.1% over the year to April 2016, with the average price in England now £225,000. Wales saw house prices increase by 1.7% over the latest 12 months to stand at £139,000. In Scotland, the average price increased by 3.3% over the year to stand at £138,000. The average price in Northern Ireland is currently £118,000.

On a regional basis, London continues to be the region with the highest average house price at £470,000, followed by the South East and the East of England, which stand at £302,000 and £263,000 respectively. The lowest average price continues to be in the North East at £122,000.

To read the ONS House Price Index April 2016 in full click here

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Letting Agent Talk

Will RRA mean almost 50% of renters need a guarantor?

A surge in tenants who require a rent guarantor is coming to the post-RRA rental market   New analysis by Zero Deposit reveals that the proportion of local authority districts in which the average tenant is likely to need a rent guarantor to secure pass tenancy affordability checks could increase from one-in-five to almost one-in-two…
Read More →
Breaking News

Nationwide House Price Index for May 2026 – Thoughts from the Industry

The latest Nationwide House Price Index for May 2026 shows that: House prices fell by -0.6% between April 2026 and May 2026. This marks the first monthly decline recorded so far this year. Annual house price growth slowed to 1.7% in May 2026, down from 3.0% in April 2026. The average UK house price now…
Read More →
Breaking News

Annual house price growth slows in May

UK annual house price growth slowed to 1.7% in May, from 3.0% in April House prices were down 0.6% month on month   Headlines May-26 Apr-26 Monthly Index* 551.0 554.3 Monthly Change* -0.6% 0.4% Annual Change 1.7% 3.0% Average Price (not seasonally adjusted) £278,024 £278,880 * Seasonally adjusted figure (note that monthly % changes are…
Read More →
Home and Living

Signs of Outdated Wiring in Older Tulsa-Area Homes

Tulsa has a lot of beautiful older homes. Brookside bungalows, Maple Ridge tudors, the postwar neighborhoods that fill out Midtown and East Tulsa. They were built well, but most were built before central air, before microwaves, before two-car households with two laptops and a dozen phone chargers. The electrical systems inside them were designed for…
Read More →
LIVING BY THE SEASIDE 2022
Breaking News

Britain’s seaside price hotspots revealed

New analysis from the UK’s largest property platform Rightmove reveals Britain’s seaside hotspots where prices are rising the fastest Bootle in Merseyside leads the way, with average asking prices up 11% year-on-year, followed by Crosby in Liverpool (+9%) and Penarth in South Glamorgan (+9%) Other coastal locations including Llantwit Major in South Glamorgan (+8%) and Llanelli, in Carmarthenshire (+7%) are also seeing strong price growth Average asking prices are currently 0.3% lower in Great Britain compared to last year, with some seaside hotspots outpacing the…
Read More →
Estate Agent Talk

Hertfordshire emerges as strongest performing London commuter county

New research from UK Property Development reveals that while London property prices fell by more than -3% in the past year, prices in some of the capital’s surrounding counties have enjoyed positive growth, none more so than the premium commuter county of Hertfordshire.   In the past year, London’s average house price has fallen by…
Read More →