Annual UK house prices growth at 3.2% for year to August 2018 according to HM Land Registry

Latest UK House Price Index summary – August 2018 from HM Land Registry reveals that UK house prices rose by 3.2% in the year to August 2018, down from 3.4% in the year to July 2018. Annual growth in house prices has remained broadly stable at a national level since April 2018.

House prices grew fastest in the East Midlands region increasing by 6.5% in the year to August 2018, followed by the West Midlands region which increased by 5.1% over the year. House prices in London fell by 0.2% in the year to August 2018. Annual growth in London house prices has been around zero for the last 6 months.

Headline statistics for August 2018 show that the average price of a property in the UK was £232,797, the annual price change for a property in the UK was 3.2% and the monthly price change was 0.2%.

Read the latest UK House Price Index summary – August 2018 in full click here.