Annual UK average house price increase of 4.9% according to HPI June data
August 15, 2017
The UK House Price Index (HPI) from HM Land Registry for June 2017 published today shows house price changes for England, Scotland, Wales and Northern Ireland.
The June data shows:
An annual price increase of 4.9% which takes the average property value in the UK to £223,257.
House prices have risen by 0.8% since May 2017.
The monthly index figure for the UK was 117.1
The UK Property Transaction statistics showed that in June 2017 the number of seasonally adjusted property transactions completed in the UK with a value of £40,000 or above increased by 1% compared with June 2016. Comparing June 2017 with May 2017, property transactions fell by 3.3%.
Read the UK House Price Index (HPI) report June 2017 in full with data click here.
You May Also Enjoy
Mortgage overpayments in a confident market
Financial experts are encouraging homeowners and first-time buyers to take a fresh look at mortgage overpayments as confidence builds in the UK property market and interest rates begin to ease. With major lenders cutting rates, improved loan-to-value options for buyers, and growing optimism in the 2026 market, mortgage overpayments are emerging as a powerful and…
Read More 
House price growth remained subdued in August
UK annual house price growth remained broadly stable in August at 1.6% House prices were up 0.2% month on month Headlines Aug-26 Jul-26‡ Monthly Index* 550.1 549.1 Monthly Change* 0.2% -0.1% Annual Change 1.6% 1.4% Average Price (not seasonally adjusted) £275,465 £276,581 * Seasonally adjusted figure (note that monthly % changes are revised when seasonal…
Read More 
What Adds Three Weeks to Leasehold Conveyancing?
As government reforms target a four-week reduction in homebuying times, Konnect You analysis points to management packs, extra lease enquiries, third-party responses and title issues as recurring leasehold bottlenecks. The government is targeting a reduction of around four weeks in the homebuying process through reforms published in June 2026. Its roadmap proposes more property information upfront and recognises that leaseholders can face delays…
Read More 
Bank of England Money and Credit Report July 2026
Overview These monthly statistics on the amount of, and interest rates on, borrowing and deposits by households and businesses are used by the Bank’s policy committees to understand economic trends and developments in the UK banking system. Key points: Net borrowing of mortgage debt by individuals decreased to £4.3 billion in July, from £7.7 billion…
Read More 
Breaking Property News 1/9/26
Daily bite-sized proptech and property news in partnership with Proptech-X. infinitSpace to be new operating partner providing technology and operational infrastructure The Stack, Amsterdam’s new home for AI founders and builders, has selected infinitSpace as its Workspace Operating Partner ahead of its opening in September. The partnership will provide the technology and operational infrastructure behind The…
Read More 
Why Living Near London’s Top Schools Costs a Fortune
Homes near London’s top private schools command premiums of up to 77% The latest research from London lettings and estate agent, Benham and Reeves, has revealed that homes located close to some of the capital’s highest-ranking private schools command substantial premiums, with property values sitting as much as 77% above the wider local authority average.…
Read More