Housing market indicators for January suggested moderate demand which continues to outmatch supply.
Published today from the Land Registry available on the Gov.UK website UK House Price Index summary: January 2017.
This is a monthly report that shows changes in average house prices for England, Scotland, Wales and Northern Ireland.
Statistics for January2017 show that the average price of a property in the UK was £218,255.
Housing market indicators for January suggested moderate demand which continues to outmatch supply. UK House prices grew by 6.2% in the year to January 2017, 0.5 percentage points higher than December 2016. However this still remains below the average annual house price growth seen in 2016 which was 7.4%.
Read the UK House Price Index summary for January 2017 in full click here