Average house prices in the UK have increased by 5.0% in the year to August 2017

October 18, 2017

UK House Price Index summary for August 2017 from the Land Registry published 17th October 2017 reveals that UK House prices grew by 5% in the year to August 2017, experiencing a 0.5 percentage point increase from the previous month.

The report highlights:

Average house prices in the UK have increased by 5.0% in the year to August 2017 (up from 4.5% in the year to July 2017).

The main contribution to the increase in UK house prices came from England, where house prices increased by 5.3% over the year to August 2017.

Wales saw house prices increase by 3.4% over the last 12 months, in Scotland, the average price increased by 3.9% over the year.

The average price in Northern Ireland increased by 4.4% over the year to Quarter 2 (April to June) 2017.

Read the UK House Price Index summary for August 2017 on Gov.UK 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.

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