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