Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      2026 World Cup: England only attract half as many bets as Norway to lift trophy

      Breaking news concept with digital globe and financial charts, signifying global economy and stock market trends.

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      2026 World Cup: England only attract half as many bets as Norway to lift trophy

      Breaking news concept with digital globe and financial charts, signifying global economy and stock market trends.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Old Pulteney releases 50-year-old whisky for 200th anniversary

      Old Pulteney 50-Year-Old single malt Scotch whisky bottle with elegant packaging on display, highlighting luxury and craft...

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Wednesday 13 June 2018 2:46 pm

How house prices across the UK have changed so far this year

By: Rebecca Smith

Add as a preferred source on Google

Average house prices in the UK rose by 3.9 per cent in the year to April 2018, according to the Office for National Statistics' UK house price index.

The average price of a property in the UK was £226,906.

For England, the April data from the ONS showed that on average, house prices had risen by 1.1 per cent since March.

The North East posted the greatest monthly rise – up 4.2 per cent, while the East of England had the chunkiest monthly price fall – down 0.8 per cent.

Average house prices across the UK have increased by 3.9 per cent in the year to April 2018 – down from 4.2 per cent in March 2018.

House price growth rankings:

Country and government office region Average house price Monthly change Annual change
South West £255,207 1.8 per cent 6.1 per cent
West Midlands £192,090 0.8 per cent 5.9 per cent
Scotland £148,952 2.5 per cent 5.6 per cent
East Midlands £186,480 1.3 per cent 4.8 per cent
North East £130,489 4.2 per cent 4.5 per cent
Wales £156,495 1.6 per cent 4.4 per cent
Northern Ireland £130,026 0.3 per cent 4.2 per cent
England £243,639 1.1 per cent 3.7 per cent
South East £324,530 0.9 per cent 3.5 per cent
Yorkshire and the Humber £158,545 1.4 per cent 3.5 per cent
East of England £286,447 -0.8 per cent 2.5 per cent
North West £155,868 0.0 per cent 2.4 per cent
London £484,584 2.4 per cent 1 per cent

The most up to date HM Land Registry sales for London show that the number of house sales that went through in February 2018 slumped by nearly 24 per cent to 5,411, compared with 7,108 for the year before.

London house prices have, on average, risen by 2.4 per cent since March, with an annual price rise of one per cent taking the average property value to £484,584.

The ONS' head of inflation, Mike Hardie, said:

Annual house price growth continued to slow, with weak growth in London offset by increases in the South West and West Midlands. Nationally, rental prices remained unchanged, with rents in London falling on the year for the first time in nearly eight years.

 

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Property

Trending Articles

  • As it happened: FTSE 100 relief rally runs out of steam as BP and Shell weigh; Oil hits three-month low

  • Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract

  • Rathbones to suspend thousands of client account inflows after FCA probe deals £530m blow

  • London Tech Week sums up everything wrong with UK tech

  • KPMG’s Summer Friday half-day rollback signals deeper woes for Big Four giants

More from CityAM

  • House prices fall again as property market ‘deteriorates’

    Property
    The price paid for first homes has surged 7.1 per cent in a year
  • Rightmove reveals fixed-rate mortgages back over 5 per cent as house prices slip again

    Property
    Reeves is reportedly considering implementing national insurance for landlords in this year's Autumn budget
  • House prices slump again in London’s wealthiest areas 

    Property
    Canada has seen the average price of its property drop 36 per cent since 2018.
  • House prices will fall by two per cent this year – the most since the financial crisis

    Property
    Rents have risen by more than a third since 2022
  • Housing market ‘still in grip’ of Iran war slump

    Property
    The price paid for first homes has surged 7.1 per cent in a year
  • London house prices fall as Bank of England rate hikes loom over mortgage market 

    Property
    Housing delivery in London is in a major crisis
  • Mortgage approvals jump to 15-month high despite Iran war chaos

    Property
    Homeowners may be eying fresh mortgage deals after the Bank of England's cut.
  • Supermarket inflation: Falling oil prices help keep costs down at the till 

    Economics
    Tesco supermarket exterior showcasing brand signage and entrance with shoppers entering and exiting the store.

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies