Uk Average House Prices Increased By 7.8% In The Year To June 2022

26th August 2022

UK average house prices increased by 7.8% in the year to June 2022, down from 12.8% in May 2022.

The average UK house price was £286,000 in June 2022, £20,000 higher than this time last year. Despite UK house prices increasing between May and June 2022, annual house price inflation has slowed due to the rises in prices seen in June 2021, which were the result of tax break changes.

Average house prices increased over the year in England to £305,000 (7.3%), in Wales to £213,000 (8.6%), in Scotland to £192,000 (11.6%) and in Northern Ireland to £169,000 (9.6%).

Read more at -
https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/housepriceindex/june2022