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Office of National Statistics March House Price Index

Home > Property News > ONS Statistics for March

Monday, May 28, 2012

Office for National Statistics House Price Index - March

The ONS has published the March 2012 House Price Index. Key points include:

UK house prices in March 2012 were down 0.4% on a year earlier;
Seasonally adjusted UK house prices decreased by 0.6% over the month;
In the 12 months to March 2012, average house prices decreased by 0.3% in both England and Scotland and 10.7% in Northern Ireland. These decreases were offset by an increase of 0.4% in Wales;
The annual decrease in England was driven by decreases in London, the South East, and the North East;
The largest annual increase in regional average house prices was 2.2% in the South West of England;
In March 2012, prices paid by first-time buyers were 2.8% higher on average than in March 2011. For owner occupiers, prices decreased by 1.6%;
Prices of new dwellings rose by 6.9% during the 12 months to March 2012, while the price of pre-owned dwellings decreased by 0.9%.

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Office of National Statistics March House Price Index

Monday, May 28, 2012

Office for National Statistics House Price Index - March

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