According to the latest UK HPI Average house prices in the UK increased by 1.3% between July and August and by 8.4% in the year to August 2016.

Key findings

  • The average UK house price was £219,000 in August 2016 – £17,000 higher than in August 2015 and £3,000 higher than last month.
  • The East of England is the region which showed the highest annual growth, with prices increasing by 13.3% in the year to August 2016.
  • Growth in the South East was second highest at 12.2%
  • Growth in London was 12.1%.