The largest annual house price growth was recorded in Scotland for year to January 2018

March 21, 2018

UK House Price Index – January 2018  from HM Land Registry published 20th March 2018.

The latest Index reveals:

Average house prices in the UK have increased by 4.9% in the year to January 2018 (down from 5% in the year to December 2017).

The largest annual price growth was recorded in Scotland, where prices increased by 7.3% over the year to January 2018.

Wales saw prices increase by 4.5% over the last 12 months.

In England the average price increased by 4.6% over the year.

The average price in Northern Ireland increased by 4.3% over the year to quarter 4 (October to December) 2017.

The data for London shows:

House prices have risen by 1% since December 2017 – an annual price rise of 2.1% takes the average property value to £485,830.

Read the UK House Price Index – January 2018 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.

You May Also Enjoy

small house bird box
Estate Agent Talk

Families can move up the property ladder by paying 1% more in this city

Families in Suffolk can take a significant step up the property ladder with minimal financial stretch, as the team at Suffolk Pocket Door Company reveal that upgrading from a terraced house to a semi-detached home in West Suffolk costs just 1% more on average. Here Carl Benson, owner of Suffolk Pocket Door Company comments. Why…
Read More →
Breaking News

Breaking Property News 20/02/25

Daily bite-sized proptech and property news in partnership with Proptech-X. Roome celebrates four years of helping students and growing universities’ revenue James Buck, co-founder of Roome sums up the 48-month journey so far, ‘Four years ago, we launched an app Owen Redman and I wished we had at university – a tool to make shared living not…
Read More →
Overseas Property

How to Find an Experienced Wedding Photographer in Greece

Choosing the Right Photographer Your wedding day is one of the most important moments of your life, and capturing it perfectly requires an experienced photographer. Greece offers stunning locations, from whitewashed villages to breathtaking sunsets. But how do you find the right professional to document your big day? Research and Recommendations Start by researching online.…
Read More →
Breaking News

Tenants Struggle as Shortage of Rental Housing Continues

Private sector tenants are continuing to struggle as new data highlights an ongoing shortage of homes to rent. Almost eight in ten landlords (77 per cent) across England and Wales reported strong demand from prospective tenants in the final quarter of 2024 according to research from Pegasus Insights. The data, compiled for the National Residential…
Read More →
Breaking News

New Platform Will Make Tackling Criminal Landlords Easier

Private sector tenants will find it easier to hold criminal landlords to account thanks to a new online platform being launched in Parliament today. The ‘My Housing Issue’ Gateway, designed by the TDS Charitable Foundation, will ensure tenants know where to take complaints related to rented housing. Research by the Foundation has found that 50…
Read More →
Breaking News

Continued growth recorded in auctioneering sector – Propertymark Auction Barometer

53% of members said that the number of lots exceeding their reserve price increased in Q4 2024 compared to the previous quarter. Only 12% reported a decrease. The highest percentage of those surveyed (41%) said that the number of lots available (for all auction types) increased in Q4 2024 in comparison to Q3. Members reported…
Read More →