House Price Index (England and Wales), Market Insight // March 22, 2019

Mixed picture across England and Wales

House price growth remains at 1.8% for third consecutive month. Transactions in 2018 at their lowest in five years. Every region and 79 of the 108 unitary authority areas still record annual price rises.

Mixed picture across England and Wales

House prices grow for third consecutive month
Majority of areas outside London continue to see growth
Wales tops the growth table – with 3% annual increase

Prices edged up for the third consecutive month in February, rising 0.5% to take the average value of a home in England and Wales to £302,435. A spike in prices early last year, however, means prices are down 0.5% compared to this time last year.

Overall, prices remain subdued. An estimated 59,100 sales in February 2019.

Click here to read the House Price Index – February 2019 (England and Wales)

Data source: LSL Property Services