House prices rose 13.2% in June to highest level since 2004: UK HPI

Average house prices increased by 13.2% over the year to June, up from 9.8% in May - the highest annual growth rate since November 2004, according to the latest UK House Price Index from the ONS. UK average house prices reached a record high of £266,000 in June 2021, which is £31,000 higher than this time last year.

Average house prices increased over the year by 13.3% in England, 16.7% in Wales, 12.0% in Scotland, and 9.0% in Northern Ireland.

The North West was the region with the highest annual house price growth, with average prices increasing by 18.6% in the year to June, up from 14.2% in May.

London continues to be the region with the lowest annual growth (6.3%) for the seventh consecutive month.

SOURCE : Property Reporter

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House Prices in the last 10 years!

This map highlights how uneven UK house price growth has been over the last decade. While some regions have surged ahead, others have seen far more modest gains. It’s a clear reminder that national averages hide wide regional differences, and that property performance is always shaped by local markets rather than headlines.

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