25 Mar Property prices still on the increase
- UK average house prices increased by 9.6% over the year to January 2022, down from 10.0% in December 2021.
- The average UK house price was £274,000 in January 2022, which is £24,000 higher than this time last year.
- Average house prices increased over the year; in England to £292,000 (9.4%), in Wales to £206,000 (13.9%), in Scotland to £183,000 (10.8%) and in Northern Ireland to £159,000 (7.9%).
- London continues to be the region with the lowest annual growth at 2.2%.