Accredited official statistics

UK House Price Index England: March 2023

Published 24 May 2023

1. Headline statistics for March 2023

The average price of a property in England was £304,193

The annual price change of a property in England was 4.1%

The monthly price change of a property in England was -1.5%

The index figure for England (January 2015 = 100) was 150.0

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 April 2023 UK HPI will be published at 9.30am on Wednesday 21 June 2023. See the calendar of release dates for more information.

2. Economic statement

Average house prices in England increased by 4.1% in the 12 months to March 2023. This was down from 6.2% in the 12 months to February 2023 but was the same as the average UK house price annual inflation of 4.1% in the 12 months to March 2023.

The fastest growing region was the South West, with annual percentage change at 5.4% in the 12 months to March 2023. The lowest annual percentage change was in London, where prices increased by 1.5% in the 12 months to March 2023.

On a non-seasonally adjusted basis, average house prices in England decreased by 1.5% between February 2023 and March 2023, compared with an increase of 0.5% during the same period 12 months ago. On a seasonally adjusted basis, average house prices in England decreased by 1.2% between February 2023 and March 2023.

Comparing the provisional volume estimate for January 2022 with the provisional volume estimate for January 2023, the volume of transactions increased by 17.8% in England and by 9.3% 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, the volume of transactions decreased by 7.8% in England in the 12 months to January 2023.

In England, detached houses showed the largest annual percentage change out of all property types, increasing by 5.2% in the 12 months to March 2023 to £484,000. Terraced houses showed the lowest annual percentage change, which increased by 3.0% in the 12 months to March 2023 to £245,000.

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 increased by 4.1% in the 12 months to March 2023, down from 6.2% in February 2023.

In London, average house prices increased by 1.5% in the 12 months to March 2023, down from 2.9% in February 2023.

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 March 2023 March 2022 Difference
Adur £388,777 £369,929 5.1%
Amber Valley £239,421 £216,403 10.6%
Arun £364,931 £346,720 5.3%
Ashfield £186,769 £180,355 3.6%
Ashford £372,045 £347,515 7.1%
Babergh £348,317 £339,790 2.5%
Barking and Dagenham £346,946 £335,997 3.3%
Barnet £598,272 £573,416 4.3%
Barnsley £161,256 £152,978 5.4%
Basildon £373,567 £356,352 4.8%
Basingstoke and Deane £369,171 £341,945 8.0%
Bassetlaw £199,003 £191,833 3.7%
Bath and North East Somerset £420,693 £416,285 1.1%
Bedford £359,804 £333,982 7.7%
Bexley £403,023 £385,473 4.6%
Birmingham £231,270 £218,421 5.9%
Blaby £304,620 £284,429 7.1%
Blackburn with Darwen £147,244 £136,557 7.8%
Blackpool £130,426 £129,456 0.7%
Bolsover £178,735 £159,235 12.2%
Bolton £185,430 £171,753 8.0%
Boston £200,032 £188,354 6.2%
Bournemouth Christchurch and Poole £342,467 £324,315 5.6%
Bracknell Forest £403,999 £379,759 6.4%
Bradford £171,626 £160,858 6.7%
Braintree £351,043 £335,026 4.8%
Breckland £298,570 £282,648 5.6%
Brent £530,400 £508,996 4.2%
Brentwood £479,996 £463,968 3.5%
Brighton and Hove £440,914 £419,594 5.1%
Broadland £347,089 £325,797 6.5%
Bromley £504,736 £480,490 5.0%
Bromsgrove £359,289 £338,394 6.2%
Broxbourne £412,968 £381,476 8.3%
Broxtowe £246,899 £225,009 9.7%
Buckinghamshire £479,706 £459,010 4.5%
Burnley £115,454 £109,602 5.3%
Bury £231,412 £220,299 5.0%
Calderdale £179,643 £174,690 2.8%
Cambridge £520,566 £496,786 4.8%
Cambridgeshire £358,594 £341,368 5.0%
Camden £844,261 £881,733 -4.2%
Cannock Chase £231,402 £209,701 10.3%
Canterbury £392,466 £353,363 11.1%
Castle Point £380,269 £366,602 3.7%
Central Bedfordshire £380,817 £357,010 6.7%
Charnwood £294,884 £267,420 10.3%
Chelmsford £379,825 £369,958 2.7%
Cheltenham £323,990 £317,381 2.1%
Cherwell £372,286 £352,155 5.7%
Cheshire East £292,494 £271,873 7.6%
Cheshire West and Chester £262,577 £247,664 6.0%
Chesterfield £196,751 £189,738 3.7%
Chichester £463,382 £450,458 2.9%
Chorley £229,936 £224,205 2.6%
City of Bristol £356,686 £336,078 6.1%
City of Derby £202,170 £189,205 6.9%
City of Kingston upon Hull £134,373 £129,163 4.0%
City of London £896,601 £823,598 8.9%
City of Nottingham £190,354 £174,165 9.3%
City of Peterborough £243,786 £227,704 7.1%
City of Plymouth £217,222 £210,613 3.1%
City of Westminster £875,883 £1,060,747 -17.4%
Colchester £322,868 £303,234 6.5%
Cornwall £314,353 £300,418 4.6%
Cotswold £511,309 £463,826 10.2%
County Durham £128,960 £120,564 7.0%
Coventry £225,786 £215,485 4.8%
Crawley £330,866 £309,612 6.9%
Croydon £417,019 £408,945 2.0%
Cumberland £165,722 £158,108 4.8%
Dacorum £486,351 £446,090 9.0%
Darlington £159,736 £149,595 6.8%
Dartford £359,774 £348,523 3.2%
Derbyshire £236,743 £217,483 8.9%
Derbyshire Dales £338,392 £318,012 6.4%
Devon £340,935 £318,698 7.0%
Doncaster £162,404 £156,167 4.0%
Dorset £365,497 £346,695 5.4%
Dover £318,486 £306,050 4.1%
Dudley £232,918 £214,457 8.6%
Ealing £526,845 £514,786 2.3%
East Cambridgeshire £351,499 £332,053 5.9%
East Devon £374,231 £344,699 8.6%
East Hampshire £459,987 £421,066 9.2%
East Hertfordshire £459,514 £441,059 4.2%
East Lindsey £233,248 £216,859 7.6%
East Riding of Yorkshire £220,834 £212,848 3.8%
East Staffordshire £229,137 £219,922 4.2%
East Suffolk £307,094 £293,272 4.7%
East Sussex £355,354 £339,660 4.6%
Eastbourne £299,457 £286,340 4.6%
Eastleigh £342,913 £325,004 5.5%
Elmbridge £718,653 £685,232 4.9%
Enfield £444,670 £434,640 2.3%
Epping Forest £529,008 £516,163 2.5%
Epsom and Ewell £552,589 £522,726 5.7%
Erewash £217,843 £199,436 9.2%
Essex £377,146 £359,019 5.0%
Exeter £331,124 £301,010 10.0%
Fareham £354,838 £343,350 3.3%
Fenland £235,826 £228,339 3.3%
Folkestone and Hythe £326,804 £318,398 2.6%
Forest of Dean £322,711 £296,945 8.7%
Fylde £246,971 £216,069 14.3%
Gateshead £152,903 £140,426 8.9%
Gedling £246,548 £229,451 7.5%
Gloucester £245,177 £235,900 3.9%
Gloucestershire £333,226 £316,802 5.2%
Gosport £259,290 £238,498 8.7%
Gravesham £341,467 £324,280 5.3%
Great Yarmouth £218,625 £206,317 6.0%
Greenwich £447,837 £412,079 8.7%
Guildford £527,330 £510,010 3.4%
Hackney £642,057 £628,239 2.2%
Halton £193,834 £177,343 9.3%
Hammersmith and Fulham £756,945 £748,183 1.2%
Hampshire £385,338 £362,928 6.2%
Harborough £366,329 £350,357 4.6%
Haringey £586,162 £589,680 -0.6%
Harlow £327,199 £308,463 6.1%
Harrow £519,185 £502,841 3.3%
Hart £503,816 £456,866 10.3%
Hartlepool £139,826 £126,637 10.4%
Hastings £289,230 £274,673 5.3%
Havant £335,711 £316,870 5.9%
Havering £428,209 £407,004 5.2%
Herefordshire £300,351 £291,755 2.9%
Hertfordshire £465,704 £444,585 4.8%
Hertsmere £537,489 £520,628 3.2%
High Peak £263,340 £244,209 7.8%
Hillingdon £457,233 £445,043 2.7%
Hinckley and Bosworth £274,019 £268,809 1.9%
Horsham £465,919 £434,405 7.3%
Hounslow £468,641 £422,763 10.9%
Huntingdonshire £324,373 £300,035 8.1%
Hyndburn £126,658 £124,435 1.8%
Ipswich £231,235 £225,447 2.6%
Isle of Wight £288,674 £273,367 5.6%
Islington £672,030 £702,733 -4.4%
Kensington and Chelsea £1,315,897 £1,464,777 -10.2%
Kent £369,252 £347,662 6.2%
King’s Lynn and West Norfolk £276,567 £257,275 7.5%
Kingston upon Thames £566,460 £526,992 7.5%
Kirklees £190,586 £180,439 5.6%
Knowsley £178,160 £162,857 9.4%
Lambeth £555,696 £540,051 2.9%
Lancashire £187,376 £175,634 6.7%
Lancaster £201,084 £183,807 9.4%
Leeds £235,566 £225,046 4.7%
Leicester £230,731 £220,563 4.6%
Leicestershire £299,922 £279,526 7.3%
Lewes £400,626 £398,917 0.4%
Lewisham £457,264 £446,551 2.4%
Lichfield £318,225 £299,595 6.2%
Lincoln £181,409 £179,034 1.3%
Lincolnshire £232,658 £222,564 4.5%
Liverpool £177,803 £165,875 7.2%
Luton £285,944 £268,715 6.4%
Maidstone £364,088 £338,076 7.7%
Maldon £407,762 £393,659 3.6%
Malvern Hills £340,066 £309,024 10.0%
Manchester £231,656 £219,131 5.7%
Mansfield £179,929 £166,811 7.9%
Medway £300,448 £284,389 5.6%
Melton £315,824 £277,877 13.7%
Merton £574,977 £545,345 5.4%
Mid Devon £309,867 £290,379 6.7%
Mid Suffolk £327,301 £314,272 4.1%
Mid Sussex £469,832 £448,489 4.8%
Middlesbrough £141,837 £131,615 7.8%
Milton Keynes £316,705 £305,193 3.8%
Mole Valley £567,456 £535,103 6.0%
New Forest £417,014 £408,485 2.1%
Newark and Sherwood £245,698 £220,308 11.5%
Newcastle upon Tyne £193,150 £183,963 5.0%
Newcastle-under-Lyme £188,505 £183,755 2.6%
Newham £406,295 £399,233 1.8%
Norfolk £293,364 £276,115 6.2%
North Devon £324,227 £311,327 4.1%
North East Derbyshire £249,524 £227,247 9.8%
North East Lincolnshire £148,307 £145,308 2.1%
North Hertfordshire £395,682 £379,271 4.3%
North Kesteven £265,326 £251,643 5.4%
North Lincolnshire £184,132 £176,794 4.2%
North Norfolk £326,060 £320,412 1.8%
North Northamptonshire £275,134 £253,241 8.6%
North Somerset £337,479 £316,513 6.6%
North Tyneside £212,311 £190,576 11.4%
North Warwickshire £255,543 £240,777 6.1%
North West Leicestershire £277,503 £253,812 9.3%
North Yorkshire £279,521 £264,225 5.8%
Northumberland £190,423 £181,222 5.1%
Norwich £246,837 £229,877 7.4%
Nottinghamshire £232,611 £217,059 7.2%
Nuneaton and Bedworth £242,829 £218,003 11.4%
Oadby and Wigston £287,341 £266,964 7.6%
Oldham £188,693 £179,302 5.2%
Oxford £465,525 £469,935 -0.9%
Oxfordshire £439,411 £418,138 5.1%
Pendle £133,005 £122,519 8.6%
Portsmouth £253,417 £240,723 5.3%
Preston £162,941 £149,157 9.2%
Reading £326,373 £307,982 6.0%
Redbridge £474,956 £467,089 1.7%
Redcar and Cleveland £155,442 £146,063 6.4%
Redditch £268,708 £245,629 9.4%
Reigate and Banstead £487,927 £463,814 5.2%
Ribble Valley £273,088 £258,383 5.7%
Richmond upon Thames £758,649 £742,964 2.1%
Rochdale £192,713 £175,085 10.1%
Rochford £435,417 £396,378 9.8%
Rossendale £183,125 £177,272 3.3%
Rother £372,996 £353,935 5.4%
Rotherham £180,052 £171,466 5.0%
Rugby £302,305 £281,442 7.4%
Runnymede £482,188 £462,443 4.3%
Rushcliffe £350,299 £330,380 6.0%
Rushmoor £334,587 £314,771 6.3%
Rutland £372,510 £367,309 1.4%
Salford £217,856 £201,763 8.0%
Sandwell £197,961 £188,010 5.3%
Sefton £210,768 £200,647 5.0%
Sevenoaks £544,095 £488,171 11.5%
Sheffield £213,590 £199,244 7.2%
Shropshire £281,565 £261,009 7.9%
Slough £320,969 £304,023 5.6%
Solihull £337,198 £317,045 6.4%
Somerset £304,374 £285,202 6.7%
South Cambridgeshire £445,159 £434,715 2.4%
South Derbyshire £254,585 £231,658 9.9%
South Gloucestershire £354,668 £325,472 9.0%
South Hams £413,943 £389,035 6.4%
South Holland £235,566 £227,029 3.8%
South Kesteven £272,173 £257,728 5.6%
South Norfolk £345,776 £319,530 8.2%
South Oxfordshire £529,205 £494,247 7.1%
South Ribble £216,905 £199,361 8.8%
South Staffordshire £302,706 £284,321 6.5%
South Tyneside £160,940 £148,601 8.3%
Southampton £249,456 £235,127 6.1%
Southend-on-Sea £334,251 £325,492 2.7%
Southwark £541,613 £526,866 2.8%
Spelthorne £431,800 £401,855 7.5%
St Albans £608,417 £586,890 3.7%
St Helens £183,092 £164,631 11.2%
Stafford £257,106 £248,934 3.3%
Staffordshire £244,330 £231,905 5.4%
Staffordshire Moorlands £225,719 £212,283 6.3%
Stevenage £331,633 £320,243 3.6%
Stockport £301,587 £280,318 7.6%
Stockton-on-Tees £167,043 £152,777 9.3%
Stoke-on-Trent £145,185 £133,763 8.5%
Stratford-on-Avon £386,671 £353,975 9.2%
Stroud £341,634 £329,875 3.6%
Suffolk £300,393 £288,657 4.1%
Sunderland £138,954 £134,485 3.3%
Surrey £527,857 £499,767 5.6%
Surrey Heath £470,399 £435,179 8.1%
Sutton £440,572 £421,404 4.5%
Swale £306,542 £295,024 3.9%
Swindon £279,216 £248,880 12.2%
Tameside £206,872 £195,617 5.8%
Tamworth £235,197 £223,771 5.1%
Tandridge £551,929 £502,381 9.9%
Teignbridge £323,324 £304,418 6.2%
Telford and Wrekin £228,637 £206,475 10.7%
Tendring £283,436 £257,085 10.2%
Test Valley £403,503 £387,311 4.2%
Tewkesbury £351,239 £333,531 5.3%
Thanet £315,097 £292,212 7.8%
Three Rivers £588,300 £575,066 2.3%
Thurrock £330,902 £308,220 7.4%
Tonbridge and Malling £455,783 £430,970 5.8%
Torbay £263,151 £246,704 6.7%
Torridge £312,971 £297,241 5.3%
Tower Hamlets £510,062 £459,364 11.0%
Trafford £360,828 £343,697 5.0%
Tunbridge Wells £451,910 £439,386 2.9%
Uttlesford £467,763 £465,688 0.4%
Vale of White Horse £428,341 £412,621 3.8%
Wakefield £197,930 £185,219 6.9%
Walsall £214,912 £200,825 7.0%
Waltham Forest £508,474 £478,664 6.2%
Wandsworth £629,588 £625,917 0.6%
Warrington £261,853 £241,149 8.6%
Warwick £372,427 £343,696 8.4%
Warwickshire £318,666 £292,734 8.9%
Watford £400,782 £378,782 5.8%
Waverley £535,276 £520,915 2.8%
Wealden £422,165 £396,277 6.5%
Welwyn Hatfield £436,461 £430,390 1.4%
West Berkshire £423,093 £391,089 8.2%
West Devon £331,104 £297,912 11.1%
West Lancashire £230,251 £216,222 6.5%
West Lindsey £208,628 £207,865 0.4%
West Northamptonshire £297,587 £283,795 4.9%
West Oxfordshire £409,851 £382,213 7.2%
West Suffolk £313,575 £298,178 5.2%
West Sussex £403,352 £384,027 5.0%
Westmorland and Furness £228,043 £216,560 5.3%
Wigan £184,825 £170,807 8.2%
Wiltshire £344,156 £321,841 6.9%
Winchester £512,084 £477,487 7.2%
Windsor and Maidenhead £543,986 £539,811 0.8%
Wirral £202,472 £195,896 3.4%
Woking £485,987 £452,439 7.4%
Wokingham £527,172 £483,078 9.1%
Wolverhampton £200,917 £188,455 6.6%
Worcester £255,524 £243,499 4.9%
Worcestershire £303,979 £281,275 8.1%
Worthing £354,213 £339,561 4.3%
Wychavon £354,442 £322,542 9.9%
Wyre £192,231 £185,874 3.4%
Wyre Forest £254,414 £236,760 7.5%
York £327,184 £295,156 10.9%
England £304,193 £292,146 4.1%

Average price by local authority for England

In March 2023, the most expensive area in England to purchase a property was Kensington and Chelsea, where the average cost was £1.3 million. In contrast, the cheapest area to purchase a property was Burnley, where the average cost was £115,000.

3.2 Annual price change by London borough

London borough March 2023 March 2022 Difference
Barking and Dagenham £346,946 £335,997 3.3%
Barnet £598,272 £573,416 4.3%
Bexley £403,023 £385,473 4.6%
Brent £530,400 £508,996 4.2%
Bromley £504,736 £480,490 5.0%
Camden £844,261 £881,733 -4.2%
City of London £896,601 £823,598 8.9%
City of Westminster £875,883 £1,060,747 -17.4%
Croydon £417,019 £408,945 2.0%
Ealing £526,845 £514,786 2.3%
Enfield £444,670 £434,640 2.3%
Greenwich £447,837 £412,079 8.7%
Hackney £642,057 £628,239 2.2%
Hammersmith and Fulham £756,945 £748,183 1.2%
Haringey £586,162 £589,680 -0.6%
Harrow £519,185 £502,841 3.3%
Havering £428,209 £407,004 5.2%
Hillingdon £457,233 £445,043 2.7%
Hounslow £468,641 £422,763 10.9%
Islington £672,030 £702,733 -4.4%
Kensington and Chelsea £1,315,897 £1,464,777 -10.2%
Kingston upon Thames £566,460 £526,992 7.5%
Lambeth £555,696 £540,051 2.9%
Lewisham £457,264 £446,551 2.4%
Merton £574,977 £545,345 5.4%
Newham £406,295 £399,233 1.8%
Redbridge £474,956 £467,089 1.7%
Richmond upon Thames £758,649 £742,964 2.1%
Southwark £541,613 £526,866 2.8%
Sutton £440,572 £421,404 4.5%
Tower Hamlets £510,062 £459,364 11.0%
Waltham Forest £508,474 £478,664 6.2%
Wandsworth £629,588 £625,917 0.6%

Average price by London borough

In March 2023, the most expensive London borough to purchase a property was Kensington and Chelsea, where the average cost was £1.3 million. In contrast, the cheapest borough to purchase a property was Barking and Dagenham, where the average cost was £347,000.

3.3 Average price change by property type

Average price change by property type for England

Property type March 2023 March 2022 Difference
Detached £483,994 £459,987 5.2%
Semi-detached £292,617 £279,591 4.7%
Terraced £244,965 £237,899 3.0%
Flat or maisonette £249,779 £241,496 3.4%
All £304,193 £292,146 4.1%

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 January 2023 January 2022
Adur 46 77
Amber Valley 97 147
Arun 119 210
Ashfield 113 104
Ashford 104 147
Babergh 62 102
Barking and Dagenham 82 87
Barnet 164 241
Barnsley 186 261
Basildon 143 157
Basingstoke and Deane 130 169
Bassetlaw 72 111
Bath and North East Somerset 125 180
Bedford 98 139
Bexley 139 177
Birmingham 524 749
Blaby 64 87
Blackburn with Darwen 86 116
Blackpool 126 196
Bolsover 57 78
Bolton 196 249
Boston 57 69
Bournemouth Christchurch and Poole 325 431
Bracknell Forest 82 113
Bradford 395 525
Braintree 98 169
Breckland 101 136
Brent 103 128
Brentwood 71 87
Brighton and Hove 189 249
Broadland 89 131
Bromley 184 297
Bromsgrove 51 107
Broxbourne 62 84
Broxtowe 81 102
Buckinghamshire 340 535
Burnley 79 113
Bury 122 166
Calderdale 172 187
Cambridge 81 95
Cambridgeshire 408 623
Camden 102 111
Cannock Chase 74 95
Canterbury 104 159
Castle Point 82 79
Central Bedfordshire 188 306
Charnwood 102 175
Chelmsford 139 175
Cheltenham 96 148
Cherwell 106 166
Cheshire East 339 432
Cheshire West and Chester 248 397
Chesterfield 73 89
Chichester 55 130
Chorley 83 138
City of Bristol 327 413
City of Derby 165 212
City of Kingston upon Hull 156 282
City of London 5 10
City of Nottingham 177 257
City of Peterborough 123 160
City of Plymouth 205 307
City of Westminster 123 161
Colchester 136 195
Cornwall 432 510
Cotswold 75 115
County Durham 395 557
Coventry 196 284
Crawley 66 89
Croydon 207 263
Cumberland 227 299
Dacorum 98 165
Darlington 96 122
Dartford 86 102
Derbyshire 540 810
Derbyshire Dales 52 76
Devon 600 906
Doncaster 239 276
Dorset 280 412
Dover 69 114
Dudley 158 260
Ealing 131 196
East Cambridgeshire 62 96
East Devon 110 175
East Hampshire 66 120
East Hertfordshire 94 134
East Lindsey 116 145
East Riding of Yorkshire 272 416
East Staffordshire 102 102
East Suffolk 195 256
East Sussex 419 647
Eastbourne 88 146
Eastleigh 100 158
Elmbridge 98 174
Enfield 118 185
Epping Forest 81 146
Epsom and Ewell 62 71
Erewash 67 141
Essex 1,088 1,551
Exeter 94 137
Fareham 80 123
Fenland 63 116
Folkestone and Hythe 80 151
Forest of Dean 48 54
Fylde 72 103
Gateshead 132 181
Gedling 73 123
Gloucester 124 121
Gloucestershire 483 675
Gosport 84 62
Gravesham 64 93
Great Yarmouth 70 105
Greenwich 149 200
Guildford 85 143
Hackney 87 117
Halton 63 106
Hammersmith and Fulham 98 141
Hampshire 1,013 1,402
Harborough 55 124
Haringey 82 141
Harlow 51 80
Harrow 94 129
Hart 80 109
Hartlepool 80 99
Hastings 76 113
Havant 83 123
Havering 171 221
Herefordshire 141 180
Hertfordshire 721 1,121
Hertsmere 57 100
High Peak 70 92
Hillingdon 141 197
Hinckley and Bosworth 62 136
Horsham 83 147
Hounslow 96 132
Huntingdonshire 116 182
Hyndburn 74 96
Ipswich 96 143
Isle of Wight 104 178
Islington 81 107
Kensington and Chelsea 102 145
Kent 1,103 1,658
King’s Lynn and West Norfolk 132 167
Kingston upon Thames 93 156
Kirklees 272 362
Knowsley 107 151
Lambeth 190 220
Lancashire 907 1,320
Lancaster 105 138
Leeds 516 780
Leicester 141 187
Leicestershire 393 732
Lewes 74 89
Lewisham 140 197
Lichfield 54 98
Lincoln 84 136
Lincolnshire 584 822
Liverpool 293 440
Luton 110 157
Maidstone 136 189
Maldon 39 66
Malvern Hills 53 73
Manchester 242 376
Mansfield 69 114
Medway 205 273
Melton 31 41
Merton 114 179
Mid Devon 49 65
Mid Suffolk 75 106
Mid Sussex 82 167
Middlesbrough 95 125
Milton Keynes 157 236
Mole Valley 72 108
New Forest 139 175
Newark and Sherwood 80 128
Newcastle upon Tyne 213 215
Newcastle-under-Lyme 73 121
Newham 83 107
Norfolk 698 923
North Devon 78 114
North East Derbyshire 54 82
North East Lincolnshire 120 205
North Hertfordshire 80 142
North Kesteven 87 135
North Lincolnshire 116 157
North Norfolk 85 104
North Northamptonshire 225 372
North Somerset 157 283
North Tyneside 216 214
North Warwickshire 32 61
North West Leicestershire 42 109
North Yorkshire 430 624
Northumberland 236 332
Norwich 121 135
Nottinghamshire 582 795
Nuneaton and Bedworth 92 118
Oadby and Wigston 37 60
Oldham 116 178
Oxford 63 84
Oxfordshire 420 624
Pendle 61 101
Portsmouth 131 182
Preston 111 137
Reading 122 150
Redbridge 139 182
Redcar and Cleveland 101 145
Redditch 52 65
Reigate and Banstead 114 181
Ribble Valley 40 63
Richmond upon Thames 151 193
Rochdale 128 170
Rochford 66 102
Rossendale 37 92
Rother 86 123
Rotherham 172 253
Rugby 88 121
Runnymede 56 81
Rushcliffe 94 113
Rushmoor 71 91
Rutland 28 35
Salford 135 248
Sandwell 143 242
Sefton 209 268
Sevenoaks 81 109
Sheffield 360 437
Shropshire 205 268
Slough 65 93
Solihull 143 202
Somerset 446 549
South Cambridgeshire 86 134
South Derbyshire 70 105
South Gloucestershire 182 285
South Hams 72 140
South Holland 80 97
South Kesteven 109 133
South Norfolk 100 145
South Oxfordshire 97 144
South Ribble 84 103
South Staffordshire 47 104
South Tyneside 74 118
Southampton 153 209
Southend-on-Sea 129 199
Southwark 152 186
Spelthorne 80 108
St Albans 111 154
St Helens 118 164
Stafford 92 120
Staffordshire 548 807
Staffordshire Moorlands 60 95
Stevenage 47 70
Stockport 170 309
Stockton-on-Tees 143 188
Stoke-on-Trent 198 262
Stratford-on-Avon 89 132
Stroud 70 127
Suffolk 539 788
Sunderland 182 243
Surrey 892 1,295
Surrey Heath 64 103
Sutton 161 165
Swale 127 146
Swindon 177 243
Tameside 175 162
Tamworth 46 72
Tandridge 61 88
Teignbridge 109 159
Telford and Wrekin 113 164
Tendring 126 204
Test Valley 103 144
Tewkesbury 70 110
Thanet 97 179
Three Rivers 56 72
Thurrock 121 151
Tonbridge and Malling 78 137
Torbay 101 201
Torridge 45 70
Tower Hamlets 117 207
Trafford 151 358
Tunbridge Wells 77 132
Uttlesford 56 91
Vale of White Horse 79 138
Wakefield 201 359
Walsall 127 196
Waltham Forest 159 179
Wandsworth 231 326
Warrington 122 200
Warwick 125 155
Warwickshire 426 587
Watford 52 91
Waverley 123 146
Wealden 95 176
Welwyn Hatfield 64 109
West Berkshire 121 155
West Devon 43 46
West Lancashire 81 110
West Lindsey 51 107
West Northamptonshire 302 427
West Oxfordshire 75 92
West Suffolk 111 181
West Sussex 547 954
Westmorland and Furness 154 241
Wigan 219 296
Wiltshire 338 496
Winchester 77 128
Windsor and Maidenhead 102 161
Wirral 247 346
Woking 77 92
Wokingham 124 179
Wolverhampton 134 175
Worcester 65 90
Worcestershire 360 512
Worthing 96 134
Wychavon 70 81
Wyre 80 126
Wyre Forest 69 96
York 136 219
England 36,038 51,592

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 January 2023 will increase as more transactions are incorporated into the index. See our Revisions Policy for more information.

Comparing the provisional volume estimate for January 2022 with the provisional estimate for January 2023, volume transactions increased by 17.8% 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, volume transactions decreased by 7.8% in England in the 12 months to January 2023.

4.2 Sales volumes by London borough

Sales volumes by London borough

London borough January 2023 January 2022
Barking and Dagenham 82 87
Barnet 164 241
Bexley 139 177
Brent 103 128
Bromley 184 297
Camden 102 111
City of London 5 10
City of Westminster 123 161
Croydon 207 263
Ealing 131 196
Enfield 118 185
Greenwich 149 200
Hackney 87 117
Hammersmith and Fulham 98 141
Haringey 82 141
Harrow 94 129
Havering 171 221
Hillingdon 141 197
Hounslow 96 132
Islington 81 107
Kensington and Chelsea 102 145
Kingston upon Thames 93 156
Lambeth 190 220
Lewisham 140 197
Merton 114 179
Newham 83 107
Redbridge 139 182
Richmond upon Thames 151 193
Southwark 152 186
Sutton 161 165
Tower Hamlets 117 207
Waltham Forest 159 179
Wandsworth 231 326

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 January 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
January 2019 54,134
January 2020 56,603
January 2021 64,857
January 2022 51,592
January 2023 36,038

Comparing the provisional volume estimate for January 2022 with the provisional estimate for January 2023, volume transactions increased by 17.8% 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, volume transactions decreased by 7.8% in England in the 12 months to January 2023.

4.4 Sales volumes for London

Sales volumes for London over the past 5 years

Date Sales volumes for London
January 2019 6,031
January 2020 6,527
January 2021 7,398
January 2022 5,683
January 2023 4,189

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 January 2023 Average existing January 2023 New build monthly change Existing monthly change New build annual change Existing annual change
London £582,075 £533,705 -1.5% 0.0% 8.9% 3.3%
North East £264,003 £155,248 1.0% 1.2% 14.7% 9.2%
East Midlands £377,532 £242,520 -1.3% -1.1% 15.0% 8.2%
East of England £489,200 £346,365 -2.0% -1.0% 11.5% 5.7%
North West £318,172 £209,269 -1.1% -1.3% 13.4% 7.1%
South East £508,399 £390,769 -1.4% -0.7% 11.5% 5.8%
South West £431,150 £322,089 -0.1% -0.2% 13.5% 6.5%
West Midlands Region £376,495 £245,730 -0.6% -1.0% 14.6% 7.9%
Yorkshire and The Humber £289,267 £201,729 -3.0% -2.4% 11.1% 5.8%
England £418,519 £302,283 -1.2% -0.8% 12.3% 6.3%

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 March 2023 Average former owner occupier price March 2023 First time buyer monthly change Former owner occupier monthly change First time buyer annual change Former owner occupier annual change
London £451,730 £600,811 -1.5% -1.8% 1.6% 1.2%
North East £133,567 £180,299 -1.6% -1.6% 3.7% 4.4%
East Midlands £205,895 £279,328 -1.1% -1.3% 4.9% 4.9%
East of England £289,043 £401,510 -2.1% -1.9% 3.8% 4.0%
North West £177,631 £241,705 -1.6% -1.0% 4.8% 5.5%
South East £310,675 £463,552 -0.6% -0.2% 4.4% 4.8%
South West £265,064 £371,510 -0.6% -0.5% 5.3% 5.5%
West Midlands Region £203,136 £282,713 -4.0% -4.0% 3.2% 3.4%
Yorkshire and The Humber £173,586 £230,439 -2.1% -2.1% 4.0% 4.2%
England £251,841 £349,656 -1.6% -1.4% 3.9% 4.3%

7. Funding status

Cash and mortgage indicator for England by region

Region Average cash price March 2023 Average mortgage price March 2023 Cash monthly change Mortgage monthly change Cash annual change Mortgage annual change
London £538,412 £517,818 -1.6% -1.7% 0.3% 1.8%
North East £141,704 £165,472 -2.0% -1.5% 3.2% 4.4%
East Midlands £234,114 £251,704 -1.4% -1.1% 4.3% 5.2%
East of England £332,450 £361,287 -2.0% -2.0% 3.5% 4.0%
North West £191,715 £222,241 -1.1% -1.4% 5.1% 5.2%
South East £374,799 £404,194 -0.5% -0.3% 4.3% 4.7%
South West £320,849 £329,243 -0.4% -0.6% 5.4% 5.4%
West Midlands Region £231,593 £251,153 -4.0% -4.0% 3.0% 3.5%
Yorkshire and The Humber £193,010 £208,875 -2.2% -2.1% 3.6% 4.3%
England £284,384 £314,028 -1.5% -1.5% 3.9% 4.2%

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 January 2023
East Midlands 4
East of England 6
London 12
North East 12
North West 13
South East 14
South West 1
West Midlands Region 7
Yorkshire and The Humber 10
England 79

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