14

NOV

2019

Average house prices up 1.3% in the year to September

Posted By : Trevor Irons

Comments : Off

Average house prices increased by 1.3% in the 12 months to September, the ONS UK House Price Index has found.

House prices rose saw a monthly increase of 0.2% between August and September, with the average house price reaching £234,000 in September.

At a regional level the North West had the highest annual house price growth, with prices increasing by 2.8% in the year to September.

The lowest annual growth was in London, where prices fell by 0.4% in the 12 months to September.

House price growth in Wales increased by 2.6% between September 2018 to September 2019, with property prices in Scotland also seeing a rise of 2.4% year-on-year.

The average house price in England increased by 1% in September 2019 compared to figures seen the year previously.

Northern Ireland house prices increased by 4% in the 12 months to September and remains the cheapest UK country to purchase a property, with the average house price at £140,000.

About the Author

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Whilst MortgageAbility does not charge for mortgage advice, please note that there will be an administration fee for arranging mortgages. The precise amount will depend upon your circumstances but we estimate it will be £395, payable on completion. MortgageAbility gives you the option to pay a non-refundable fee of 1% of the mortgage loan payable with the application. If this option is taken, MortgageAbility will refund any commission received from the lender.

MortgageAbility is a trading name of Syncrus Ltd, which is an appointed representative of HL Partnership Limited, which is authorised and regulated by the Financial Conduct Authority. Syncrus Ltd is a company registered in England and Wales with company number 3911001. The registered office is Quay House, Quay Road, Newton Abbot, Devon,TQ12 8BU
Mortgage Advice | Mortgage Brokers | Mortgage Advisors | Buy to let Mortgages | Newton Abbot | Devon | Sitemap

THE GUIDANCE AND/OR ADVICE CONTAINED IN THIS WEBSITE IS SUBJECT TO UK REGULATORY REGIME AND IS THEREFORE RESTRICTED TO CONSUMERS BASED IN THE UK.