Data released by ONS and the Land Registry has shown that across the UK, average house prices were up by 2.7% in the year to October.

Key Findings

  • The figure is down from 3% recorded during September 2018 – driven mainly by a slowdown in the south and east of England and hitting the lowest annual rate since July 2013.
  • The lowest annual growth in October was seen in the capital, where prices fell by 1.7% over the year.
  • The North West showed the highest annual growth, with prices increasing by 4.9% in the year to October 2018, followed by Yorkshire and The Humber at 4.4%.