May 2020 UK HPI from HM Land Registry
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on average, house prices have risen by 0.3% since April 2020
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there has been an annual price rise of 2.9%, which makes the average property in the UK valued at £235,673.
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The North East experienced the greatest monthly price rise, up by 5.3%
-
London saw the most significant monthly price fall, down by 1.2%
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Yorkshire and the Humber experienced the greatest annual price rise, up by 4.9%
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The North East saw the lowest annual price growth, with a rise of 0.7%
Region |
Average price May 2020 |
Monthly change % since April 2020 |
East Midlands |
-0.7 |
£197,505 |
East of England |
-1.0 |
£290,621 |
London |
-1.2 |
£479,018 |
North East |
5.3 |
£134,545 |
North West |
0.3 |
£168,261 |
South East |
-1.1 |
£324,659 |
South West |
-0.4 |
£261,006 |
West Midlands |
1.5 |
£203,658 |
Yorkshire and the Humber |
3.1 |
£170,198 |
Repossession sales |
March 2020 |
East Midlands |
36 |
East of England |
16 |
London |
55 |
North East |
74 |
North West |
124 |
South East |
48 |
South West |
40 |
West Midlands |
43 |
Yorkshire and The Humber |
75 |
England |
511 |
Property type |
May 2020 |
May 2019 |
Difference % |
Detached |
£383,295 |
£371,062 |
3.3 |
Semi-detached |
£238,325 |
£230,200 |
3.5 |
Terraced |
£202,943 |
£199,088 |
1.9 |
Flat/maisonette |
£227,809 |
£221,767 |
2.7 |
All |
£251,973 |
£244,928 |
2.9 |
Transaction type |
Average price May 2020 |
Annual price change % since May 2019 |
Monthly price change % since April 2020 |
Cash |
£235,898 |
2.3 |
0.2 |
Mortgage |
£259,991 |
3.1 |
0.2 |
First-time buyer |
£211,404 |
2.9 |
0.4 |
Former owner occupier |
£285,938 |
2.9 |
0.0 |
Building status* |
Average price March 2020 |
Annual price change % since March 2019 |
Monthly price change % since February 2020 |
New build |
£318,639 |
5.4 |
0.9 |
Existing resold property |
£245,475 |
2.7 |
0.8 |
Property type |
May 2020 |
May 2019 |
Difference % |
Detached |
£883,878 |
£877,723 |
0.7 |
Semi-detached |
£582,448 |
£567,219 |
2.7 |
Terraced |
£498,321 |
£486,645 |
2.4 |
Flat/maisonette |
£421,519 |
£404,483 |
4.2 |
All |
£479,018 |
£463,628 |
3.3 |
Transaction type |
Average price May 2020 |
Annual price change % since May 2019 |
Monthly price change % since April 2020 |
Cash |
£499,468 |
2.7 |
-2.1 |
Mortgage |
£472,547 |
3.5 |
-0.9 |
First-time buyer |
£419,583 |
3.6 |
-0.9 |
Former owner occupier |
£539,584 |
2.9 |
-1.4 |
Building status* |
Average price March 2020 |
Annual price change % since March 2019 |
Monthly price change % since February 2020 |
New build |
£513,564 |
6.4 |
1.1 |
Existing resold property |
£481,750 |
4.1 |
1.4 |
Property type |
May 2020 |
May 2019 |
Difference % |
Detached |
£254,763 |
£243,408 |
4.7 |
Semi-detached |
£164,574 |
£156,247 |
5.3 |
Terraced |
£131,328 |
£125,510 |
4.6 |
Flat/maisonette |
£118,529 |
£113,548 |
4.4 |
All |
£169,436 |
£161,628 |
4.8 |
Transaction type |
Average price May 2020 |
Annual price change % since May 2019 |
Monthly price change % since April 2020 |
Cash |
£163,726 |
4.3 |
1.6 |
Mortgage |
£172,784 |
5.1 |
1.8 |
First-time buyer |
£146,439 |
4.9 |
1.8 |
Former owner occupier |
£196,187 |
4.8 |
1.7 |
Building status* |
Average price March 2020 |
Annual price change % since March 2019 |
Monthly price change % since February 2020 |
New build |
£227,665 |
6.7 |
0.3 |
Existing resold property |
£164,341 |
4.8 |
0.8 |