Reports
April sees slowing in annual house price growth
- UK house prices fell 0.4% month on month in April
- Annual rate of change slowed to 0.6%, from 1.6% in March
Annual house price growth edges up in March
- UK house prices up 1.6% compared with a year ago
- Northern Ireland best performing region, with prices up 4.6%
- South West weakest performing region, with prices down 1.7% over the year
Annual house price growth returns to positive territory for first time in over a year in February
- UK house prices rose 0.7% month on month in February
- Annual rate of change returned to positive territory for first time since January 2023 - prices up 1.2% year on year
House prices begin 2024 on a more upbeat note
- UK house prices rose 0.7% month on month in January
- Further recovery in annual rate of change, with prices down just 0.2% compared with a year ago
House prices fall 1.8% over the course of 2023
- House prices down 1.8% compared with a year ago
- Northern Ireland and Scotland the only parts of the UK to see prices rise in 2023
- East Anglia the weakest performing region with prices down 5.2% over the year
Nationwide House Price Review and Forecast: Rapid rebound in house prices unlikely in 2024
- Housing market activity weak throughout 2023 as affordability pressures exert drag
- House prices to see low single digit decline or remain broadly flat in 2024
House price recovery continued in November
- UK house prices rose 0.2% month on month in November
- Annual growth remains weak but strongest since Feb 2023
- House prices down 2% compared with a year ago
House prices increase in October, but remain lower than a year ago
- UK house prices rose by 0.9% month on month in October
- House prices down 3.3% on October last year
House price growth remained weak in September
- House prices unchanged over the month, but remain down 5.3% year on year (c.£14,500)
- All regions recorded annual house price falls in Q3
- South West was the weakest performing region, with prices down 6.3% year on year
August sees further weakness in house prices
- House prices fell 0.8% month on month in August
- House prices now 5.3% below August 2022 peak
- Represents annual fall of c£14,600 on a typical home
Bedrooms, bathrooms and extensions: what adds value to your home in 2023?
- Home improvements that add floor area, such as an extension or loft conversion, can add up to 25% to a property’s value
- Extending to accommodate an extra bedroom can add nearly 15% to the value of the house
- Extra bathroom adds 6% to value of the average home
Annual house price growth edged further into negative territory in July
- July saw house prices fall 0.2% month on month
- Annual rate of house price growth remained negative at -3.8%, down from -3.5% in June
