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.

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