New ‘Official’ house price index launched today

And London still ahead with average price at £470,025

Monthly house price inflation, calculated using data from Land Registry, Registers of Scotland and Land and Property Services Northern Ireland i officially launched today. This replaces the previous House Price Indices separately published by ONS and Land Registry.

The average property across the UK is £209,054 in April 2016.

The following charts plots the rise up to 2008, the fall, and the current rise.

Newofficialhousepriceindexapr2016

Written by: Houseladder