Average house prices in the UK have increased by 5.8% in the year to February 2017

April 11, 2017

Statistical Bulletin monthly house price inflation released today from Office for National Statistics (ONS) House Price Index (HPI) UK: Feb 2017.

The UK HPI is a joint production by HM Land Registry, Land and Property Services Northern Ireland, Office for National Statistics and Registers of Scotland.

Average house prices in the UK have increased by 5.8% in the year to February 2017 (up from 5.3% in the year to January 2017). However, this still remains below the average annual house price growth seen in 2016 of 7.3%.

The average UK house price was £218,000 in February 2017. This is £12,000 higher than in February 2016 and £2,000 higher than last month.

Read the ONS House Price Index Statistical Bulletin UK: Feb 2017 published today 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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