UK Average House Prices

28/04/08 UK Average House Prices - £184,798

Annual house price changes in England and Wales decreased from 5.3 per cent in February to 3.6 per cent in March, taking the average price to £184,798 according to the latest figures from Land Registry. This is the seventh consecutive decrease in the annual rate of growth.

The monthly change for March, accounting for seasonal adjustments, is -0.4 per cent. The volume of transactions was also down 26 per cent from the same period last year, with an average of 81,926 per month between October 2007 to January 2008, compared with 109,969 per month from October 2006 to January 2007.

The average price for the South East region is £228,098.

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