Tag: ONS House Prices
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ONS House Prices – August 2024
House Prices Climb Higher – But is The Market Cooling Down? The average UK house price hit £293,000 in August 2024, an increase of 2.8% compared to last year, according to the latest official figures. House prices continue to rise – but at a slower pace While prices are still going up, the pace of…
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North East Landlords Getting 8% Rental Yields
New research from Paragon Bank has revealed that landlords in the North East are making average rental yields of 8.13% – the highest in the UK! Wales came in a close second at 8.07%, with the North West taking third place at a respectable 7.84%. Yorkshire & Humber also boasted impressive returns, with landlords enjoying…
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ONS House Prices – July 2024
Good news for sellers in Scotland as house prices rose, but the market cooled across the rest of the UK, with London seeing a slight dip, according to the latest data from the Office for National Statistics (ONS) The average UK house price in July 2024 was £290,000, a rise of £6,000 compared to July…
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ONS House Prices – June 2024
House prices are still rising, but at a slower pace than this time last year. The average UK house price in June 2024 was £288,000, a rise of 2.7% annually. This latest data from the ONS UK House Price Index for June 2024 shows that while prices are still increasing, the pace of growth has…
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ONS House Prices – May 2024
Good news for sellers as house prices continue to rise across the UK, but are things looking brighter for first-time buyers too? The average price of a house in the UK reached £285,000 in May 2024, a jump of £6,000 compared to the same time last year. This represents a 2.2% increase annually, showing a…
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UK House Price Indexes: Your Guide to Understanding What the Numbers REALLY Mean!
Trying to understand the housing market can feel like you’re lost in a jungle of confusing numbers. Every month, a bunch of different groups throw out house price figures, and it’s enough to make anyone’s head spin! But don’t worry, we’re here to guide you through the madness. Whether you’re buying, selling, or just curious…
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ONS House Prices – April 2024
The average UK house price has reached £281,000, according to latest statistics from the ONS. While this marks a slight increase of 0.3% from March, the annual growth rate has slowed to a modest 1.1%, hinting at a shift in the market. Is the property boom finally losing steam? The latest figures from the UK…
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UK Housing Market Springs Back – Prices and Rents on the Rise!
The recent data released by the Office for National Statistics (ONS) has shed light on the state of the UK housing market, revealing some significant trends in house prices and rental costs. After a period of decline, the UK housing market has shown signs of recovery with an average increase of 1.8% in house prices…
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ONS House Prices – March 2024
In March 2024, the average property price in the UK experienced a slight uptick, reflecting a modest but positive growth in the housing market. With average prices climbing to £283,000, homebuyers and investors are seeing changes across various regions and property types. This article provides an in-depth look at the recent data released by the…
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ONS House Prices – February 2024
According to the latest data from the Office for National Statistics (ONS), while the average UK house price saw a minor increase of 0.4% between January and February 2024, it remained 0.2% lower compared to the same period last year. This positions the average house price at £281,262 in February 2024, showing a slight rise…