Accredited official statistics

UK House Price Index England: February 2024

Published 17 April 2024

1. Headline statistics for February 2024

The average price of a property in England was £298,000

The annual price change of a property in England was -1.1%

The monthly price change of a property in England was 0.6%

The index figure for England (January 2015 = 100) was 146.8

Estimates for the most recent months are provisional and are likely to be updated as more data is incorporated into the index. Read the revision policies.

Next publication of UK HPI

The March 2024 UK HPI will be published at 9.30am on Wednesday 22 May 2024. See the calendar of release dates for more information.

2. Economic statement

Average house prices in England decreased by 1.1% in the 12 months to February 2024 (provisional estimate). This was up from a decrease of 2.2% (revised estimate) in the 12 months to January 2024 and lower than the average UK house price annual inflation of negative 0.2% (provisional estimate) in the 12 months to February 2024.

North East had the highest growth, where the annual percentage change increased by 2.9% in the 12 months to February 2024. The lowest annual percentage change was London, where prices decreased by 4.8% in the 12 months to February 2024.

On a non-seasonally adjusted basis, average house prices in England increased by 0.6% between January 2024 and February 2024, compared with a decrease of 0.5% during the same period 12 months ago. On a seasonally adjusted basis, average house prices in England increased by 0.6% between January 2024 and February 2024.

Comparing the provisional UK HPI volume estimate for December 2022 with the provisional UK HPI volume estimate for December 2023, the volume of transactions decreased by 48.9% in England and by 42.3% in the UK.

UK Property Transaction Statistics published by HM Revenue & Customs (which differ in coverage but are more complete for this period), report that on a non-seasonally adjusted basis, December 2023’s provisional transaction volume estimate for England was 22.4% lower than December 2022’s revised volume estimate.

In England, semi-detached houses showed the highest annual percentage change out of all property types, increasing by 0.2% in the 12 months to February 2024 to £289,000. Flats and maisonettes showed the lowest annual percentage change, which decreased by 2.8% in the 12 months to February 2024 to £246,000.

As with other indicators in the housing market, which typically fluctuate from month to month, it is important not to put too much weight on one month’s set of house price data.

3. Price change

3.1 Annual price change

Annual price change for England and London over the past 5 years

Average house prices in England decreased by 1.1% in the 12 months to February 2024 (provisional estimate), up from a decrease of 2.2% in the 12 months to January 2024 (revised estimate).

In London, average house prices decreased by 4.8% in the 12 months to February 2024, up from a decrease of 5.6% in the 12 months to January 2024.

Annual price change by local authority for England

Low numbers of sales transactions in some local authorities and London boroughs, such as City of London, can lead to volatility in the series. While we make efforts to account for this volatility, the change in price in these local levels can be influenced by the type and number of properties sold in any given period. Geographies with low number of sales transactions should be analysed in the context of their longer-term trends rather than focusing on monthly movements.

Note: data for City of London for the months of July and August 2021 have been suppressed due to unusually low transaction numbers and the resulting impact on the quality of data.

Local authorities February 2024 February 2023 Difference
Adur £353,082 £378,827 -6.8%
Amber Valley £236,935 £229,875 3.1%
Arun £342,687 £349,985 -2.1%
Ashfield £173,607 £191,824 -9.5%
Ashford £344,164 £352,632 -2.4%
Babergh £349,126 £324,421 7.6%
Barking and Dagenham £328,226 £343,069 -4.3%
Barnet £583,647 £605,399 -3.6%
Barnsley £158,594 £163,429 -3.0%
Basildon £368,428 £377,920 -2.5%
Basingstoke and Deane £343,118 £357,188 -3.9%
Bassetlaw £193,160 £196,357 -1.6%
Bath and North East Somerset £419,592 £413,315 1.5%
Bedford £337,928 £339,949 -0.6%
Bexley £391,250 £413,494 -5.4%
Birmingham £231,414 £237,872 -2.7%
Blaby £316,286 £292,511 8.1%
Blackburn with Darwen £144,275 £144,143 0.1%
Blackpool £134,805 £134,783 0.0%
Bolsover £176,623 £181,734 -2.8%
Bolton £191,971 £187,513 2.4%
Boston £175,442 £190,701 -8.0%
Bournemouth Christchurch and Poole £323,874 £341,362 -5.1%
Bracknell Forest £371,884 £392,349 -5.2%
Bradford £167,229 £173,680 -3.7%
Braintree £310,135 £324,894 -4.5%
Breckland £279,812 £280,468 -0.2%
Brent £521,609 £515,951 1.1%
Brentwood £457,603 £469,061 -2.4%
Brighton and Hove £421,928 £446,361 -5.5%
Broadland £311,752 £321,964 -3.2%
Bromley £505,297 £509,916 -0.9%
Bromsgrove £352,801 £352,135 0.2%
Broxbourne £379,820 £403,463 -5.9%
Broxtowe £262,377 £257,118 2.0%
Buckinghamshire £450,115 £449,721 0.1%
Burnley £103,386 £113,931 -9.3%
Bury £240,425 £234,633 2.5%
Calderdale £180,282 £179,818 0.3%
Cambridge £489,134 £479,299 2.1%
Cambridgeshire £339,568 £346,773 -2.1%
Camden £714,736 £872,979 -18.1%
Cannock Chase £219,549 £230,232 -4.6%
Canterbury £325,026 £362,956 -10.5%
Castle Point £360,632 £378,174 -4.6%
Central Bedfordshire £344,459 £355,789 -3.2%
Charnwood £266,966 £283,653 -5.9%
Chelmsford £385,117 £389,911 -1.2%
Cheltenham £331,863 £332,819 -0.3%
Cherwell £344,564 £346,057 -0.4%
Cheshire East £286,333 £276,184 3.7%
Cheshire West and Chester £265,357 £267,203 -0.7%
Chesterfield £193,744 £193,758 0.0%
Chichester £438,589 £438,817 -0.1%
Chorley £236,418 £223,431 5.8%
City of Bristol £339,008 £350,548 -3.3%
City of Derby £203,123 £204,095 -0.5%
City of Kingston upon Hull £130,926 £138,575 -5.5%
City of London £808,976 £811,032 -0.3%
City of Nottingham £190,382 £197,931 -3.8%
City of Peterborough £233,413 £242,205 -3.6%
City of Plymouth £223,469 £220,164 1.5%
City of Westminster £927,909 £1,167,610 -20.5%
Colchester £297,068 £317,861 -6.5%
Cornwall £296,305 £306,303 -3.3%
Cotswold £500,311 £490,930 1.9%
County Durham £127,727 £130,439 -2.1%
Coventry £219,201 £226,211 -3.1%
Crawley £319,507 £322,201 -0.8%
Croydon £394,025 £418,357 -5.8%
Cumberland £168,149 £162,758 3.3%
Dacorum £439,944 £465,610 -5.5%
Darlington £157,836 £157,859 0.0%
Dartford £358,347 £341,742 4.9%
Derbyshire £231,348 £229,556 0.8%
Derbyshire Dales £338,692 £339,827 -0.3%
Devon £323,102 £324,401 -0.4%
Doncaster £166,504 £169,878 -2.0%
Dorset £354,268 £355,913 -0.5%
Dover £287,155 £309,262 -7.1%
Dudley £239,455 £234,242 2.2%
Ealing £533,943 £550,855 -3.1%
East Cambridgeshire £346,968 £323,627 7.2%
East Devon £360,963 £338,149 6.7%
East Hampshire £420,287 £442,065 -4.9%
East Hertfordshire £434,770 £431,465 0.8%
East Lindsey £227,742 £227,891 -0.1%
East Riding of Yorkshire £220,107 £222,700 -1.2%
East Staffordshire £233,972 £226,143 3.5%
East Suffolk £303,640 £303,275 0.1%
East Sussex £336,085 £353,602 -5.0%
Eastbourne £288,095 £319,788 -9.9%
Eastleigh £325,102 £337,274 -3.6%
Elmbridge £653,855 £686,251 -4.7%
Enfield £427,468 £442,865 -3.5%
Epping Forest £504,262 £516,848 -2.4%
Epsom and Ewell £510,907 £538,816 -5.2%
Erewash £222,636 £218,313 2.0%
Essex £355,941 £368,129 -3.3%
Exeter £306,568 £324,411 -5.5%
Fareham £341,891 £361,420 -5.4%
Fenland £217,017 £238,067 -8.8%
Folkestone and Hythe £300,670 £314,968 -4.5%
Forest of Dean £285,468 £309,046 -7.6%
Fylde £243,415 £232,697 4.6%
Gateshead £160,990 £155,003 3.9%
Gedling £252,649 £249,570 1.2%
Gloucester £254,670 £255,302 -0.2%
Gloucestershire £333,188 £327,820 1.6%
Gosport £234,152 £266,666 -12.2%
Gravesham £342,786 £341,776 0.3%
Great Yarmouth £205,863 £224,337 -8.2%
Greenwich £458,920 £454,628 0.9%
Guildford £492,848 £504,026 -2.2%
Hackney £589,517 £581,884 1.3%
Halton £185,349 £188,405 -1.6%
Hammersmith and Fulham £745,123 £861,251 -13.5%
Hampshire £360,708 £375,831 -4.0%
Harborough £348,589 £341,106 2.2%
Haringey £556,570 £575,134 -3.2%
Harlow £315,827 £318,889 -1.0%
Harrow £521,416 £519,724 0.3%
Hart £457,154 £478,734 -4.5%
Hartlepool £130,644 £140,085 -6.7%
Hastings £262,789 £283,132 -7.2%
Havant £321,374 £330,574 -2.8%
Havering £420,055 £432,130 -2.8%
Herefordshire £291,237 £303,200 -3.9%
Hertfordshire £441,330 £451,304 -2.2%
Hertsmere £495,597 £518,252 -4.4%
High Peak £259,419 £252,711 2.7%
Hillingdon £449,725 £467,185 -3.7%
Hinckley and Bosworth £293,080 £281,221 4.2%
Horsham £413,136 £430,865 -4.1%
Hounslow £445,246 £461,007 -3.4%
Huntingdonshire £310,746 £315,245 -1.4%
Hyndburn £126,930 £129,752 -2.2%
Ipswich £212,868 £236,910 -10.1%
Isle of Wight £283,792 £289,660 -2.0%
Islington £645,134 £663,739 -2.8%
Kensington and Chelsea £1,154,639 £1,343,552 -14.1%
Kent £340,955 £353,883 -3.7%
King’s Lynn and West Norfolk £274,323 £280,156 -2.1%
Kingston upon Thames £547,883 £555,020 -1.3%
Kirklees £191,585 £194,029 -1.3%
Knowsley £177,682 £174,727 1.7%
Lambeth £501,094 £538,549 -7.0%
Lancashire £186,759 £184,535 1.2%
Lancaster £207,365 £204,349 1.5%
Leeds £234,765 £231,277 1.5%
Leicester £225,910 £231,008 -2.2%
Leicestershire £289,641 £285,968 1.3%
Lewes £375,611 £404,741 -7.2%
Lewisham £418,927 £446,883 -6.3%
Lichfield £309,587 £304,465 1.7%
Lincoln £175,475 £188,561 -6.9%
Lincolnshire £224,844 £232,431 -3.3%
Liverpool £180,427 £177,177 1.8%
Luton £260,489 £278,659 -6.5%
Maidstone £339,014 £342,674 -1.1%
Maldon £381,357 £390,326 -2.3%
Malvern Hills £327,153 £320,688 2.0%
Manchester £244,594 £235,684 3.8%
Mansfield £178,015 £183,043 -2.7%
Medway £286,608 £302,453 -5.2%
Melton £274,650 £271,799 1.0%
Merton £538,411 £576,558 -6.6%
Mid Devon £297,354 £301,739 -1.5%
Mid Suffolk £306,651 £308,477 -0.6%
Mid Sussex £434,265 £432,519 0.4%
Middlesbrough £134,800 £141,237 -4.6%
Milton Keynes £319,657 £308,433 3.6%
Mole Valley £553,092 £548,751 0.8%
New Forest £391,165 £411,724 -5.0%
Newark and Sherwood £234,122 £236,755 -1.1%
Newcastle upon Tyne £192,989 £186,242 3.6%
Newcastle-under-Lyme £186,015 £199,766 -6.9%
Newham £396,662 £406,503 -2.4%
Norfolk £277,258 £284,401 -2.5%
North Devon £286,336 £306,790 -6.7%
North East Derbyshire £222,242 £234,049 -5.0%
North East Lincolnshire £155,506 £147,937 5.1%
North Hertfordshire £364,325 £380,207 -4.2%
North Kesteven £256,465 £256,005 0.2%
North Lincolnshire £179,288 £185,894 -3.6%
North Norfolk £303,968 £307,391 -1.1%
North Northamptonshire £261,322 £264,855 -1.3%
North Somerset £324,830 £326,541 -0.5%
North Tyneside £201,122 £201,899 -0.4%
North Warwickshire £254,188 £248,584 2.3%
North West Leicestershire £274,759 £255,584 7.5%
North Yorkshire £275,881 £271,639 1.6%
Northumberland £196,957 £190,839 3.2%
Norwich £239,185 £251,363 -4.8%
Nottinghamshire £228,363 £234,366 -2.6%
Nuneaton and Bedworth £217,107 £223,821 -3.0%
Oadby and Wigston £252,204 £274,201 -8.0%
Oldham £190,653 £191,729 -0.6%
Oxford £460,277 £452,911 1.6%
Oxfordshire £404,269 £410,878 -1.6%
Pendle £124,730 £134,861 -7.5%
Portsmouth £245,824 £261,516 -6.0%
Preston £158,883 £156,619 1.4%
Reading £322,028 £350,068 -8.0%
Redbridge £455,499 £479,425 -5.0%
Redcar and Cleveland £162,567 £156,828 3.7%
Redditch £257,794 £262,276 -1.7%
Reigate and Banstead £450,540 £475,883 -5.3%
Ribble Valley £284,355 £260,811 9.0%
Richmond upon Thames £736,499 £753,559 -2.3%
Rochdale £195,356 £195,953 -0.3%
Rochford £371,937 £397,483 -6.4%
Rossendale £212,796 £190,565 11.7%
Rother £363,813 £376,283 -3.3%
Rotherham £181,596 £181,768 -0.1%
Rugby £302,828 £290,905 4.1%
Runnymede £463,041 £490,322 -5.6%
Rushcliffe £339,289 £352,969 -3.9%
Rushmoor £315,089 £327,279 -3.7%
Rutland £369,416 £360,282 2.5%
Salford £228,048 £240,035 -5.0%
Sandwell £199,977 £204,812 -2.4%
Sefton £219,998 £212,364 3.6%
Sevenoaks £493,069 £522,138 -5.6%
Sheffield £215,520 £215,039 0.2%
Shropshire £261,001 £273,132 -4.4%
Slough £310,078 £331,332 -6.4%
Solihull £334,837 £354,423 -5.5%
Somerset £291,764 £294,966 -1.1%
South Cambridgeshire £418,864 £436,585 -4.1%
South Derbyshire £246,223 £236,042 4.3%
South Gloucestershire £332,547 £343,295 -3.1%
South Hams £413,654 £383,353 7.9%
South Holland £226,993 £240,715 -5.7%
South Kesteven £271,327 £272,390 -0.4%
South Norfolk £328,403 £325,363 0.9%
South Oxfordshire £466,815 £492,093 -5.1%
South Ribble £213,565 £213,025 0.3%
South Staffordshire £295,104 £295,481 -0.1%
South Tyneside £156,901 £156,869 0.0%
Southampton £231,528 £250,298 -7.5%
Southend-on-Sea £314,093 £330,476 -5.0%
Southwark £495,431 £495,742 -0.1%
Spelthorne £423,312 £425,624 -0.5%
St Albans £589,270 £574,552 2.6%
St Helens £181,134 £184,147 -1.6%
Stafford £256,289 £260,907 -1.8%
Staffordshire £239,709 £243,994 -1.8%
Staffordshire Moorlands £223,739 £226,770 -1.3%
Stevenage £328,796 £332,108 -1.0%
Stockport £291,320 £294,540 -1.1%
Stockton-on-Tees £159,663 £164,614 -3.0%
Stoke-on-Trent £141,610 £140,111 1.1%
Stratford-on-Avon £360,319 £359,227 0.3%
Stroud £351,821 £320,510 9.8%
Suffolk £290,446 £294,591 -1.4%
Sunderland £139,218 £139,328 -0.1%
Surrey £495,678 £513,357 -3.4%
Surrey Heath £431,323 £465,279 -7.3%
Sutton £424,968 £441,306 -3.7%
Swale £293,945 £297,944 -1.3%
Swindon £261,948 £269,847 -2.9%
Tameside £206,747 £206,818 0.0%
Tamworth £222,560 £233,867 -4.8%
Tandridge £511,628 £533,071 -4.0%
Teignbridge £304,744 £312,889 -2.6%
Telford and Wrekin £224,501 £228,507 -1.8%
Tendring £269,900 £276,129 -2.3%
Test Valley £378,799 £398,078 -4.8%
Tewkesbury £351,978 £336,687 4.5%
Thanet £275,141 £307,460 -10.5%
Three Rivers £562,135 £573,338 -2.0%
Thurrock £303,131 £331,948 -8.7%
Tonbridge and Malling £406,285 £432,047 -6.0%
Torbay £255,310 £264,576 -3.5%
Torridge £287,550 £314,078 -8.4%
Tower Hamlets £453,598 £479,145 -5.3%
Trafford £353,863 £361,519 -2.1%
Tunbridge Wells £465,038 £441,832 5.3%
Uttlesford £447,072 £444,189 0.6%
Vale of White Horse £392,577 £402,395 -2.4%
Wakefield £198,342 £201,349 -1.5%
Walsall £209,491 £210,422 -0.4%
Waltham Forest £491,034 £497,924 -1.4%
Wandsworth £602,690 £625,173 -3.6%
Warrington £261,253 £253,796 2.9%
Warwick £354,400 £354,186 0.1%
Warwickshire £301,618 £300,611 0.3%
Watford £390,019 £412,349 -5.4%
Waverley £498,177 £524,477 -5.0%
Wealden £400,759 £397,066 0.9%
Welwyn Hatfield £449,020 £441,489 1.7%
West Berkshire £385,156 £410,672 -6.2%
West Devon £324,791 £311,914 4.1%
West Lancashire £233,530 £220,085 6.1%
West Lindsey £202,965 £217,094 -6.5%
West Northamptonshire £277,409 £292,591 -5.2%
West Oxfordshire £372,778 £374,945 -0.6%
West Suffolk £306,361 £311,081 -1.5%
West Sussex £375,872 £382,730 -1.8%
Westmorland and Furness £220,045 £214,425 2.6%
Wigan £182,328 £187,750 -2.9%
Wiltshire £331,792 £329,687 0.6%
Winchester £490,124 £462,001 6.1%
Windsor and Maidenhead £550,797 £546,136 0.9%
Wirral £206,997 £207,909 -0.4%
Woking £476,044 £463,434 2.7%
Wokingham £483,607 £486,362 -0.6%
Wolverhampton £193,707 £206,031 -6.0%
Worcester £260,821 £259,076 0.7%
Worcestershire £294,749 £294,773 0.0%
Worthing £337,074 £342,952 -1.7%
Wychavon £344,010 £339,237 1.4%
Wyre £189,238 £187,819 0.8%
Wyre Forest £236,567 £242,918 -2.6%
York £313,190 £322,567 -2.9%
England £297,735 £301,064 -1.1%

Average price by local authority for England

In February 2024, the most expensive area in England to purchase a property was Kensington and Chelsea, where the average cost was £1.2 million. In contrast, the cheapest area to purchase a property was Burnley, where the average cost was £103,000.

3.2 Annual price change by London borough

London borough February 2024 February 2023 Difference
Barking and Dagenham £328,226 £343,069 -4.3%
Barnet £583,647 £605,399 -3.6%
Bexley £391,250 £413,494 -5.4%
Brent £521,609 £515,951 1.1%
Bromley £505,297 £509,916 -0.9%
Camden £714,736 £872,979 -18.1%
City of London £808,976 £811,032 -0.3%
City of Westminster £927,909 £1,167,610 -20.5%
Croydon £394,025 £418,357 -5.8%
Ealing £533,943 £550,855 -3.1%
Enfield £427,468 £442,865 -3.5%
Greenwich £458,920 £454,628 0.9%
Hackney £589,517 £581,884 1.3%
Hammersmith and Fulham £745,123 £861,251 -13.5%
Haringey £556,570 £575,134 -3.2%
Harrow £521,416 £519,724 0.3%
Havering £420,055 £432,130 -2.8%
Hillingdon £449,725 £467,185 -3.7%
Hounslow £445,246 £461,007 -3.4%
Islington £645,134 £663,739 -2.8%
Kensington and Chelsea £1,154,639 £1,343,552 -14.1%
Kingston upon Thames £547,883 £555,020 -1.3%
Lambeth £501,094 £538,549 -7.0%
Lewisham £418,927 £446,883 -6.3%
Merton £538,411 £576,558 -6.6%
Newham £396,662 £406,503 -2.4%
Redbridge £455,499 £479,425 -5.0%
Richmond upon Thames £736,499 £753,559 -2.3%
Southwark £495,431 £495,742 -0.1%
Sutton £424,968 £441,306 -3.7%
Tower Hamlets £453,598 £479,145 -5.3%
Waltham Forest £491,034 £497,924 -1.4%
Wandsworth £602,690 £625,173 -3.6%

Average price by London borough

In February 2024, the most expensive London borough to purchase a property was Kensington and Chelsea, where the average cost was £1.2 million. In contrast, the cheapest borough to purchase a property was Barking and Dagenham, where the average cost was £328,000.

3.3 Average price change by property type

Average price change by property type for England

Property type February 2024 February 2023 Difference
Detached £460,414 £462,926 -0.5%
Semi-detached £288,580 £288,120 0.2%
Terraced £243,957 £248,112 -1.7%
Flat or maisonette £245,640 £252,630 -2.8%
All £297,735 £301,064 -1.1%

4. Sales volumes

The amount of time between the sale of a property and the registration of this information varies. It typically ranges between 2 weeks and 2 months but can be longer. Volume figures for the most recent 2 months are not yet at a reliable level for reporting, so they are not included in the report. Published transactions for recent months will increase as later registered transactions are incorporated into the index.

Sales volume data is also available by property status (new build and existing property) and funding status (cash and mortgage) in our downloadable data tables. Transactions involving the creation of a new register, such as new builds, are more complex and require more time to process. Read Revisions to the UK HPI data for more information.

4.1 Sales volumes by local authority

Sales volumes for England by local authority

Comparing the provisional volume estimate for the current month with the revised volume estimate for the corresponding month in the previous year

Local authorities December 2023 December 2022
Adur 24 79
Amber Valley 67 198
Arun 96 240
Ashfield 39 155
Ashford 59 190
Babergh 49 116
Barking and Dagenham 26 108
Barnet 101 275
Barnsley 113 297
Basildon 67 187
Basingstoke and Deane 75 193
Bassetlaw 49 212
Bath and North East Somerset 85 232
Bedford 65 205
Bexley 88 245
Birmingham 343 916
Blaby 46 102
Blackburn with Darwen 61 175
Blackpool 112 209
Bolsover 51 101
Bolton 127 333
Boston 29 69
Bournemouth Christchurch and Poole 221 523
Bracknell Forest 57 151
Bradford 222 596
Braintree 73 205
Breckland 97 207
Brent 46 153
Brentwood 32 90
Brighton and Hove 115 319
Broadland 72 187
Bromley 136 379
Bromsgrove 55 114
Broxbourne 37 94
Broxtowe 49 140
Buckinghamshire 243 704
Burnley 68 130
Bury 75 176
Calderdale 135 247
Cambridge 52 101
Cambridgeshire 290 868
Camden 60 149
Cannock Chase 36 145
Canterbury 77 192
Castle Point 39 73
Central Bedfordshire 129 449
Charnwood 90 190
Chelmsford 97 204
Cheltenham 56 177
Cherwell 75 205
Cheshire East 252 618
Cheshire West and Chester 172 433
Chesterfield 50 162
Chichester 66 140
Chorley 60 136
City of Bristol 196 552
City of Derby 91 285
City of Kingston upon Hull 75 287
City of London 6 15
City of Nottingham 87 261
City of Peterborough 58 236
City of Plymouth 154 355
City of Westminster 75 200
Colchester 72 233
Cornwall 312 772
Cotswold 51 118
County Durham 287 736
Coventry 129 322
Crawley 33 123
Croydon 106 364
Cumberland 164 356
Dacorum 56 162
Darlington 56 142
Dartford 45 138
Derbyshire 420 1,154
Derbyshire Dales 41 97
Devon 530 1,121
Doncaster 133 370
Dorset 228 503
Dover 55 133
Dudley 95 309
Ealing 87 264
East Cambridgeshire 31 138
East Devon 113 253
East Hampshire 64 143
East Hertfordshire 64 208
East Lindsey 81 173
East Riding of Yorkshire 224 547
East Staffordshire 45 156
East Suffolk 135 348
East Sussex 332 792
Eastbourne 64 133
Eastleigh 67 192
Elmbridge 70 180
Enfield 81 228
Epping Forest 60 148
Epsom and Ewell 43 77
Erewash 55 169
Essex 686 1,860
Exeter 67 150
Fareham 77 159
Fenland 53 143
Folkestone and Hythe 72 134
Forest of Dean 42 147
Fylde 65 126
Gateshead 90 215
Gedling 52 186
Gloucester 62 196
Gloucestershire 341 911
Gosport 30 80
Gravesham 31 112
Great Yarmouth 53 133
Greenwich 79 203
Guildford 72 153
Hackney 65 182
Halton 44 118
Hammersmith and Fulham 60 174
Hampshire 707 1,672
Harborough 45 150
Haringey 68 176
Harlow 45 97
Harrow 61 140
Hart 47 130
Hartlepool 35 122
Hastings 54 155
Havant 58 133
Havering 104 246
Herefordshire 107 227
Hertfordshire 493 1,270
Hertsmere 48 96
High Peak 59 114
Hillingdon 90 283
Hinckley and Bosworth 58 142
Horsham 76 165
Hounslow 60 164
Huntingdonshire 75 251
Hyndburn 35 89
Ipswich 61 154
Isle of Wight 81 192
Islington 83 150
Kensington and Chelsea 66 142
Kent 732 1,910
King’s Lynn and West Norfolk 93 180
Kingston upon Thames 64 149
Kirklees 160 481
Knowsley 39 194
Lambeth 122 316
Lancashire 655 1,625
Lancaster 77 193
Leeds 406 922
Leicester 87 213
Leicestershire 332 876
Lewes 50 110
Lewisham 108 270
Lichfield 46 158
Lincoln 35 113
Lincolnshire 361 1,016
Liverpool 165 457
Luton 74 159
Maidstone 91 242
Maldon 31 92
Malvern Hills 54 105
Manchester 175 451
Mansfield 43 153
Medway 132 330
Melton 23 64
Merton 64 186
Mid Devon 37 83
Mid Suffolk 52 177
Mid Sussex 102 203
Middlesbrough 70 151
Milton Keynes 118 364
Mole Valley 25 96
New Forest 91 201
Newark and Sherwood 52 185
Newcastle upon Tyne 135 374
Newcastle-under-Lyme 58 142
Newham 43 166
Norfolk 527 1,258
North Devon 69 117
North East Derbyshire 44 143
North East Lincolnshire 75 186
North Hertfordshire 68 154
North Kesteven 54 169
North Lincolnshire 83 176
North Norfolk 77 129
North Northamptonshire 162 483
North Somerset 116 349
North Tyneside 121 285
North Warwickshire 20 78
North West Leicestershire 49 172
North Yorkshire 359 910
Northumberland 190 543
Norwich 76 177
Nottinghamshire 370 1,241
Nuneaton and Bedworth 49 222
Oadby and Wigston 21 56
Oldham 85 222
Oxford 33 125
Oxfordshire 296 918
Pendle 45 120
Portsmouth 97 219
Preston 60 200
Reading 67 196
Redbridge 77 190
Redcar and Cleveland 76 164
Redditch 38 102
Reigate and Banstead 74 151
Ribble Valley 17 92
Richmond upon Thames 96 218
Rochdale 78 238
Rochford 50 113
Rossendale 35 73
Rother 63 153
Rotherham 125 267
Rugby 60 182
Runnymede 34 116
Rushcliffe 86 210
Rushmoor 42 105
Rutland 30 48
Salford 109 330
Sandwell 91 257
Sefton 130 327
Sevenoaks 55 130
Sheffield 199 532
Shropshire 176 370
Slough 29 89
Solihull 120 261
Somerset 331 749
South Cambridgeshire 79 235
South Derbyshire 53 170
South Gloucestershire 109 367
South Hams 59 127
South Holland 56 152
South Kesteven 67 209
South Norfolk 59 245
South Oxfordshire 59 203
South Ribble 59 174
South Staffordshire 36 123
South Tyneside 65 152
Southampton 98 272
Southend-on-Sea 104 217
Southwark 105 249
Spelthorne 30 96
St Albans 60 195
St Helens 70 215
Stafford 71 194
Staffordshire 385 1,111
Staffordshire Moorlands 65 96
Stevenage 31 79
Stockport 141 350
Stockton-on-Tees 102 243
Stoke-on-Trent 117 302
Stratford-on-Avon 72 257
Stroud 76 140
Suffolk 386 1,030
Sunderland 116 331
Surrey 526 1,366
Surrey Heath 32 103
Sutton 62 204
Swale 60 159
Swindon 110 328
Tameside 106 230
Tamworth 28 97
Tandridge 42 111
Teignbridge 95 206
Telford and Wrekin 84 215
Tendring 87 287
Test Valley 89 179
Tewkesbury 54 133
Thanet 81 187
Three Rivers 46 87
Thurrock 62 159
Tonbridge and Malling 57 150
Torbay 101 197
Torridge 41 103
Tower Hamlets 76 223
Trafford 104 240
Tunbridge Wells 49 143
Uttlesford 33 131
Vale of White Horse 63 219
Wakefield 165 408
Walsall 103 253
Waltham Forest 84 223
Wandsworth 167 403
Warrington 90 215
Warwick 71 212
Warwickshire 272 951
Watford 41 92
Waverley 64 177
Wealden 101 241
Welwyn Hatfield 42 103
West Berkshire 76 232
West Devon 49 82
West Lancashire 57 122
West Lindsey 39 131
West Northamptonshire 208 581
West Oxfordshire 66 166
West Suffolk 89 235
West Sussex 459 1,122
Westmorland and Furness 166 297
Wigan 161 375
Wiltshire 257 599
Winchester 67 157
Windsor and Maidenhead 56 162
Wirral 140 382
Woking 40 106
Wokingham 92 235
Wolverhampton 62 189
Worcester 61 117
Worcestershire 315 682
Worthing 62 172
Wychavon 62 153
Wyre 77 170
Wyre Forest 45 91
York 93 211
England 24,772 64,535

Note: The ‘Difference’ column has been removed from this table as the latest month’s data are not yet complete.

Note: The number of property transactions for December 2023 will increase as more transactions are incorporated into the UK HPI index. See our Revisions Policy for more information.

Comparing the provisional UK HPI volume estimate for December 2022 with the provisional UK HPI estimate for December 2023, volume transactions decreased by 48.9% in England.

UK Property Transaction Statistics published by HM Revenue & Customs (which differ in coverage but are more complete for this period), report that on a non-seasonally adjusted basis, HMRC volume transactions decreased by 22.4% in England in the 12 months to December 2023.

4.2 Sales volumes by London borough

Sales volumes by London borough

London borough December 2023 December 2022
Barking and Dagenham 26 108
Barnet 101 275
Bexley 88 245
Brent 46 153
Bromley 136 379
Camden 60 149
City of London 6 15
City of Westminster 75 200
Croydon 106 364
Ealing 87 264
Enfield 81 228
Greenwich 79 203
Hackney 65 182
Hammersmith and Fulham 60 174
Haringey 68 176
Harrow 61 140
Havering 104 246
Hillingdon 90 283
Hounslow 60 164
Islington 83 150
Kensington and Chelsea 66 142
Kingston upon Thames 64 149
Lambeth 122 316
Lewisham 108 270
Merton 64 186
Newham 43 166
Redbridge 77 190
Richmond upon Thames 96 218
Southwark 105 249
Sutton 62 204
Tower Hamlets 76 223
Waltham Forest 84 223
Wandsworth 167 403

Note: The ‘Difference’ column has been removed from this table as the latest month’s data are not yet complete.

Note: The number of property transactions for December 2023 will increase as more transactions are incorporated into the index. See our Revisions Policy for more information.

4.3 Sales volumes for England

Sales volumes for England over the past five years

Date Sales volumes for England
December 2019 70,541
December 2020 85,705
December 2021 76,166
December 2022 64,535
December 2023 24,772

Comparing the provisional UK HPI volume estimate for December 2022 with the provisional UK HPI estimate for December 2023, volume transactions decreased by 48.9% in England.

UK Property Transaction Statistics published by HM Revenue & Customs (which differ in coverage but are more complete for this period), report that on a non-seasonally adjusted basis, HMRC volume transactions decreased by 22.4% in England in the 12 months to December 2023.

4.4 Sales volumes for London

Sales volumes for London over the past 5 years

Date Sales volumes for London
December 2019 7,107
December 2020 9,201
December 2021 7,655
December 2022 7,037
December 2023 2,616

5. Property status

Transactions involving the creation of a new register, such as new builds, are more complex and need more time to process. This means they can take longer to appear in the land registers. The volume of new build transactions for the most recent 2 months are not at a reliable level for reporting the breakdown between new build and existing resold property, so they are not included in the report.

New build and existing resold property for England by region

Region Average new build December 2023 Average existing December 2023 New build monthly change Existing monthly change New build annual change Existing annual change
London £557,197 £515,815 -0.7% 0.1% 11.6% -4.2%
North East £260,819 £154,333 -3.1% -0.9% 19.5% -1.0%
East Midlands £362,351 £238,149 -2.3% -0.4% 15.7% -2.7%
East of England £464,370 £329,056 -2.2% -1.4% 13.7% -4.9%
North West £322,476 £212,959 0.5% 1.1% 19.3% -0.6%
South East £481,863 £370,653 -2.0% -1.3% 14.7% -4.5%
South West £412,084 £309,489 -0.6% -0.9% 16.9% -3.2%
West Midlands Region £366,424 £243,526 -1.1% 0.4% 16.7% -1.9%
Yorkshire and The Humber £291,311 £203,468 -0.7% -0.7% 17.0% -2.3%
England £406,419 £295,355 -1.3% -0.5% 16.0% -3.0%

Note: Since the October 2017 release, amendments have been made to our estimation model when calculating our provisional estimate. Find out further information and the impact of this change in methods used to produce the UK HPI.

6. Buyer status

First time buyer and former owner occupier for England by region

Region Average first time buyer price February 2024 Average former owner occupier price February 2024 First time buyer monthly change Former owner occupier monthly change First time buyer annual change Former owner occupier annual change
London £435,057 £574,989 -0.4% -1.2% -4.5% -5.2%
North East £137,921 £182,427 3.7% 2.6% 3.0% 2.9%
East Midlands £203,680 £273,217 1.6% 1.2% -0.5% -0.3%
East of England £280,976 £384,054 2.2% 1.3% -1.6% -1.6%
North West £181,064 £241,697 0.2% -0.7% 1.5% 1.4%
South East £297,228 £433,698 1.4% 0.8% -1.9% -2.3%
South West £260,055 £358,012 0.9% 0.1% -0.2% -0.5%
West Midlands Region £202,124 £278,030 -1.1% -1.3% -2.9% -2.8%
Yorkshire and The Humber £175,609 £230,373 1.1% 0.7% 0.2% 0.1%
England £248,692 £339,319 0.9% 0.3% -1.0% -1.2%

7. Funding status

Cash and mortgage indicator for England by region

Region Average cash price February 2024 Average mortgage price February 2024 Cash monthly change Mortgage monthly change Cash annual change Mortgage annual change
London £514,953 £498,016 -0.7% -0.7% -5.9% -4.5%
North East £146,573 £168,353 2.7% 3.4% 2.4% 3.3%
East Midlands £232,593 £246,558 1.2% 1.5% -0.6% -0.3%
East of England £322,525 £347,502 1.3% 1.9% -1.6% -1.6%
North West £194,340 £224,196 -0.4% -0.1% 1.2% 1.5%
South East £354,477 £382,198 0.9% 1.2% -2.9% -1.8%
South West £310,467 £320,897 -0.1% 0.9% -0.8% -0.1%
West Midlands Region £229,652 £248,198 -1.3% -1.1% -3.1% -2.8%
Yorkshire and The Humber £194,949 £209,688 0.7% 1.0% -0.2% 0.3%
England £279,405 £306,983 0.4% 0.7% -1.3% -1.0%

8. Repossession sales volumes

Due to a period of 2 weeks to 2 months between completion and registration of sales, volume figures for the most recent 2 months are not yet complete, so they are not included in the report.

Repossession sales volumes by government office region

Region Sales volume December 2023
East Midlands 4
East of England 2
London 9
North East 13
North West 16
South East 8
West Midlands Region 8
Yorkshire and The Humber 6
England 66

9. Access the data

Download the data as CSV files or access it with our UK HPI tool.

Data revisions

View any revisions to previously published data in the data downloads or find out more about revisions in our guidance About the UK HPI.

10. About the UK House Price Index

The UK House Price Index (UK HPI) is calculated by the Office for National Statistics and Land & Property Services Northern Ireland. Find out about the methodology used to create the UK HPI.

Data for the UK House Price Index is provided by HM Land Registry, Registers of Scotland, The Land & Property Services/Northern Ireland Statistics & Research Agency and the Valuation Office Agency.

Find out more about the UK House Price Index.

11. Contact for England queries

Eileen Morrison, Data Services Team Leader, HM Land Registry

Email eileen.morrison@landregistry.gov.uk

Telephone 0300 006 5288