Accredited official statistics

UK House Price Index England: December 2023

Published 14 February 2024

1. Headline statistics for December 2023

The average price of a property in England was £302.164

The annual price change of a property in England was -2.1%

The monthly price change of a property in England was -0.2%

The index figure for England (January 2015 = 100) was 149.0

Estimates for the most recent months are provisional and are likely to be updated as more data is incorporated into the index. Read the revision policies.

Next publication of UK HPI

The January 2024 UK HPI will be published at 9.30am on Wednesday 20 March 2024. See the calendar of release dates for more information.

2. Economic statement

Average house prices in England decreased by 2.1% in the 12 months to December 2023 (provisional estimate). This was up from a decrease of 3.0% (revised estimate) in the 12 months to November 2023 and lower than the average UK house price annual inflation of negative 1.4% (provisional estimate) in the 12 months to December 2023.

North West had the highest growth, where the annual percentage change increased by 1.2% in the 12 months to December 2023. The lowest annual percentage change was London, where prices decreased by 4.8% in the 12 months to December 2023.

On a non-seasonally adjusted basis, average house prices in England increased by 0.2% between November 2023 and December 2023, compared with a decrease of 0.6% during the same period 12 months ago. On a seasonally adjusted basis, average house prices in England increased by 0.1% between November 2023 and December 2023.

Comparing the provisional UK HPI volume estimate for October 2022 with the provisional UK HPI volume estimate for October 2023, the volume of transactions decreased by 29.3% in England and by 26.7% in the UK.

UK Property Transaction Statistics published by HM Revenue & Customs (which differ in coverage but are more complete for this period), report that on a non-seasonally adjusted basis, October 2023’s provisional transaction volume estimate for England was 18.3% lower than October 2022’s revised volume estimate.

In England, semi-detached houses showed the highest annual percentage change out of all property types, decreasing by 0.6% in the 12 months to December 2023 to £295,000. Flats and maisonettes showed the lowest annual percentage change, which decreased by 3.6% in the 12 months to December 2023 to £243,000.

As with other indicators in the housing market, which typically fluctuate from month to month, it is important not to put too much weight on one month’s set of house price data.

3. Price change

3.1 Annual price change

Annual price change for England and London over the past 5 years

Average house prices in England decreased by 2.1% in the 12 months to December 2023 (provisional estimate), up from a decrease of 3.0% in the 12 months to November 2023 (revised estimate).

In London, average house prices decreased by 4.8% in the 12 months to December 2023, up from a decrease of 5.5% in the 12 months to November 2023.

Annual price change by local authority for England

Low numbers of sales transactions in some local authorities and London boroughs, such as City of London, can lead to volatility in the series. While we make efforts to account for this volatility, the change in price in these local levels can be influenced by the type and number of properties sold in any given period. Geographies with low number of sales transactions should be analysed in the context of their longer-term trends rather than focusing on monthly movements.

Note: data for City of London for the months of July and August 2021 have been suppressed due to unusually low transaction numbers and the resulting impact on the quality of data.

Local authorities December 2023 December 2022 Difference
Adur £368,732 £386,853 -4.7%
Amber Valley £236,426 £229,663 2.9%
Arun £353,076 £364,242 -3.1%
Ashfield £185,315 £192,822 -3.9%
Ashford £352,945 £365,569 -3.5%
Babergh £345,390 £349,385 -1.1%
Barking and Dagenham £340,485 £354,490 -4.0%
Barnet £577,548 £593,114 -2.6%
Barnsley £163,504 £166,466 -1.8%
Basildon £379,760 £381,681 -0.5%
Basingstoke and Deane £351,057 £360,199 -2.5%
Bassetlaw £188,092 £198,887 -5.4%
Bath and North East Somerset £423,358 £434,727 -2.6%
Bedford £343,755 £353,812 -2.8%
Bexley £377,926 £407,782 -7.3%
Birmingham £228,877 £235,055 -2.6%
Blaby £291,422 £304,630 -4.3%
Blackburn with Darwen £144,967 £144,046 0.6%
Blackpool £136,835 £136,980 -0.1%
Bolsover £179,443 £175,528 2.2%
Bolton £192,584 £190,279 1.2%
Boston £194,418 £195,356 -0.5%
Bournemouth Christchurch and Poole £330,972 £349,211 -5.2%
Bracknell Forest £383,637 £398,791 -3.8%
Bradford £173,726 £176,577 -1.6%
Braintree £339,794 £352,757 -3.7%
Breckland £286,046 £294,360 -2.8%
Brent £526,198 £553,159 -4.9%
Brentwood £463,965 £473,960 -2.1%
Brighton and Hove £423,052 £445,291 -5.0%
Broadland £337,977 £338,361 -0.1%
Bromley £498,031 £511,410 -2.6%
Bromsgrove £356,764 £351,923 1.4%
Broxbourne £389,233 £403,847 -3.6%
Broxtowe £260,965 £247,506 5.4%
Buckinghamshire £486,305 £479,661 1.4%
Burnley £107,314 £114,397 -6.2%
Bury £232,344 £240,509 -3.4%
Calderdale £189,735 £186,598 1.7%
Cambridge £515,041 £530,887 -3.0%
Cambridgeshire £352,507 £360,507 -2.2%
Camden £872,777 £857,973 1.7%
Cannock Chase £229,811 £228,421 0.6%
Canterbury £355,692 £372,353 -4.5%
Castle Point £357,657 £379,223 -5.7%
Central Bedfordshire £367,064 £382,712 -4.1%
Charnwood £280,678 £292,861 -4.2%
Chelmsford £372,048 £384,972 -3.4%
Cheltenham £328,312 £342,174 -4.1%
Cherwell £349,600 £363,816 -3.9%
Cheshire East £290,650 £292,876 -0.8%
Cheshire West and Chester £254,815 £272,539 -6.5%
Chesterfield £196,504 £198,168 -0.8%
Chichester £481,335 £471,212 2.1%
Chorley £240,897 £231,698 4.0%
City of Bristol £363,799 £360,134 1.0%
City of Derby £203,788 £205,105 -0.6%
City of Kingston upon Hull £133,178 £136,276 -2.3%
City of London £802,168 £975,289 -17.8%
City of Nottingham £192,298 £194,415 -1.1%
City of Peterborough £244,305 £248,092 -1.5%
City of Plymouth £217,534 £226,335 -3.9%
City of Westminster £877,733 £1,046,255 -16.1%
Colchester £309,970 £325,720 -4.8%
Cornwall £309,778 £321,081 -3.5%
Cotswold £486,468 £498,164 -2.3%
County Durham £127,031 £131,087 -3.1%
Coventry £224,567 £232,014 -3.2%
Crawley £314,954 £327,978 -4.0%
Croydon £402,505 £428,626 -6.1%
Cumberland £178,108 £170,209 4.6%
Dacorum £458,877 £477,188 -3.8%
Darlington £161,581 £166,219 -2.8%
Dartford £345,254 £365,043 -5.4%
Derbyshire £233,118 £233,459 -0.1%
Derbyshire Dales £335,739 £344,960 -2.7%
Devon £339,945 £342,274 -0.7%
Doncaster £166,875 £167,743 -0.5%
Dorset £350,438 £367,024 -4.5%
Dover £304,888 £315,637 -3.4%
Dudley £238,941 £233,744 2.2%
Ealing £500,897 £529,815 -5.5%
East Cambridgeshire £357,263 £344,166 3.8%
East Devon £366,303 £354,729 3.3%
East Hampshire £446,025 £458,280 -2.7%
East Hertfordshire £429,874 £454,539 -5.4%
East Lindsey £231,583 £238,693 -3.0%
East Riding of Yorkshire £227,940 £224,734 1.4%
East Staffordshire £233,264 £227,082 2.7%
East Suffolk £312,315 £316,340 -1.3%
East Sussex £343,464 £362,138 -5.2%
Eastbourne £288,109 £306,122 -5.9%
Eastleigh £340,861 £346,609 -1.7%
Elmbridge £730,175 £714,213 2.2%
Enfield £431,877 £457,784 -5.7%
Epping Forest £521,932 £538,112 -3.0%
Epsom and Ewell £542,784 £549,752 -1.3%
Erewash £209,599 £213,105 -1.6%
Essex £366,895 £379,992 -3.4%
Exeter £321,658 £326,716 -1.5%
Fareham £336,496 £360,746 -6.7%
Fenland £224,704 £246,976 -9.0%
Folkestone and Hythe £326,174 £333,792 -2.3%
Forest of Dean £289,932 £311,099 -6.8%
Fylde £238,865 £246,422 -3.1%
Gateshead £148,320 £152,716 -2.9%
Gedling £251,584 £250,447 0.5%
Gloucester £250,247 £250,985 -0.3%
Gloucestershire £330,095 £338,454 -2.5%
Gosport £229,869 £259,878 -11.5%
Gravesham £318,579 £334,606 -4.8%
Great Yarmouth £211,792 £225,744 -6.2%
Greenwich £433,411 £434,547 -0.3%
Guildford £513,359 £524,568 -2.1%
Hackney £621,127 £618,843 0.4%
Halton £195,904 £191,750 2.2%
Hammersmith and Fulham £664,767 £743,420 -10.6%
Hampshire £373,608 £381,839 -2.2%
Harborough £361,921 £370,769 -2.4%
Haringey £573,740 £603,149 -4.9%
Harlow £316,678 £324,645 -2.5%
Harrow £500,070 £527,829 -5.3%
Hart £494,659 £485,902 1.8%
Hartlepool £123,829 £134,277 -7.8%
Hastings £266,793 £285,287 -6.5%
Havant £312,607 £330,410 -5.4%
Havering £405,801 £435,837 -6.9%
Herefordshire £303,444 £306,610 -1.0%
Hertfordshire £436,443 £461,189 -5.4%
Hertsmere £502,613 £533,662 -5.8%
High Peak £259,151 £262,009 -1.1%
Hillingdon £435,396 £465,519 -6.5%
Hinckley and Bosworth £287,021 £285,909 0.4%
Horsham £437,227 £450,536 -3.0%
Hounslow £448,840 £449,272 -0.1%
Huntingdonshire £319,718 £319,457 0.1%
Hyndburn £120,181 £130,321 -7.8%
Ipswich £222,780 £239,312 -6.9%
Isle of Wight £288,647 £296,629 -2.7%
Islington £702,159 £701,328 0.1%
Kensington and Chelsea £1,125,353 £1,304,255 -13.7%
Kent £349,086 £368,444 -5.3%
King’s Lynn and West Norfolk £276,406 £281,940 -2.0%
Kingston upon Thames £546,063 £552,905 -1.2%
Kirklees £195,633 £195,140 0.3%
Knowsley £182,205 £180,435 1.0%
Lambeth £531,846 £550,067 -3.3%
Lancashire £189,761 £190,055 -0.2%
Lancaster £202,192 £201,506 0.3%
Leeds £241,328 £243,476 -0.9%
Leicester £234,997 £234,816 0.1%
Leicestershire £294,796 £299,988 -1.7%
Lewes £387,871 £411,692 -5.8%
Lewisham £467,052 £468,905 -0.4%
Lichfield £325,580 £316,460 2.9%
Lincoln £173,939 £188,530 -7.7%
Lincolnshire £228,603 £238,495 -4.1%
Liverpool £174,603 £179,753 -2.9%
Luton £271,790 £282,693 -3.9%
Maidstone £349,714 £359,405 -2.7%
Maldon £417,299 £417,759 -0.1%
Malvern Hills £355,735 £351,463 1.2%
Manchester £242,523 £233,566 3.8%
Mansfield £184,714 £184,429 0.2%
Medway £304,348 £303,544 0.3%
Melton £309,619 £303,342 2.1%
Merton £555,262 £574,417 -3.3%
Mid Devon £314,822 £316,862 -0.6%
Mid Suffolk £321,003 £333,668 -3.8%
Mid Sussex £462,299 £459,504 0.6%
Middlesbrough £139,224 £140,377 -0.8%
Milton Keynes £316,142 £322,411 -1.9%
Mole Valley £614,527 £571,723 7.5%
New Forest £406,199 £410,495 -1.0%
Newark and Sherwood £239,155 £237,068 0.9%
Newcastle upon Tyne £199,817 £191,065 4.6%
Newcastle-under-Lyme £197,410 £199,865 -1.2%
Newham £424,253 £420,084 1.0%
Norfolk £286,880 £292,111 -1.8%
North Devon £324,772 £330,895 -1.9%
North East Derbyshire £235,482 £240,620 -2.1%
North East Lincolnshire £147,611 £154,991 -4.8%
North Hertfordshire £374,084 £388,332 -3.7%
North Kesteven £260,363 £270,587 -3.8%
North Lincolnshire £185,667 £188,025 -1.3%
North Norfolk £320,483 £321,767 -0.4%
North Northamptonshire £274,939 £277,949 -1.1%
North Somerset £342,082 £340,043 0.6%
North Tyneside £209,692 £203,217 3.2%
North Warwickshire £260,922 £259,389 0.6%
North West Leicestershire £276,182 £268,906 2.7%
North Yorkshire £278,368 £280,562 -0.8%
Northumberland £195,232 £196,496 -0.6%
Norwich £240,055 £248,540 -3.4%
Nottinghamshire £232,309 £234,267 -0.8%
Nuneaton and Bedworth £235,801 £233,493 1.0%
Oadby and Wigston £275,897 £287,528 -4.0%
Oldham £192,873 £193,633 -0.4%
Oxford £434,370 £469,108 -7.4%
Oxfordshire £419,520 £433,971 -3.3%
Pendle £137,870 £138,655 -0.6%
Portsmouth £244,535 £260,163 -6.0%
Preston £163,251 £158,359 3.1%
Reading £301,827 £331,544 -9.0%
Redbridge £459,823 £485,479 -5.3%
Redcar and Cleveland £161,024 £155,798 3.4%
Redditch £253,719 £263,569 -3.7%
Reigate and Banstead £465,659 £490,189 -5.0%
Ribble Valley £283,911 £269,421 5.4%
Richmond upon Thames £757,676 £735,740 3.0%
Rochdale £189,929 £194,214 -2.2%
Rochford £404,472 £430,818 -6.1%
Rossendale £219,537 £203,543 7.9%
Rother £379,219 £392,059 -3.3%
Rotherham £183,080 £181,948 0.6%
Rugby £295,670 £302,836 -2.4%
Runnymede £437,283 £481,693 -9.2%
Rushcliffe £347,790 £355,979 -2.3%
Rushmoor £340,476 £337,300 0.9%
Rutland £396,616 £387,998 2.2%
Salford £203,749 £214,947 -5.2%
Sandwell £198,357 £202,915 -2.2%
Sefton £212,200 £211,712 0.2%
Sevenoaks £530,739 £535,262 -0.8%
Sheffield £212,356 £222,193 -4.4%
Shropshire £276,990 £283,220 -2.2%
Slough £324,565 £326,588 -0.6%
Solihull £332,889 £338,627 -1.7%
Somerset £305,945 £308,427 -0.8%
South Cambridgeshire £437,446 £448,908 -2.6%
South Derbyshire £256,319 £254,720 0.6%
South Gloucestershire £351,494 £358,277 -1.9%
South Hams £449,131 £425,175 5.6%
South Holland £225,338 £243,857 -7.6%
South Kesteven £263,561 £276,205 -4.6%
South Norfolk £342,913 £337,781 1.5%
South Oxfordshire £498,271 £516,217 -3.5%
South Ribble £206,425 £218,500 -5.5%
South Staffordshire £298,657 £305,082 -2.1%
South Tyneside £160,362 £160,134 0.1%
Southampton £231,895 £252,397 -8.1%
Southend-on-Sea £325,654 £349,538 -6.8%
Southwark £535,918 £552,637 -3.0%
Spelthorne £430,186 £425,062 1.2%
St Albans £553,372 £589,642 -6.2%
St Helens £182,847 £182,639 0.1%
Stafford £275,341 £264,902 3.9%
Staffordshire £248,793 £247,801 0.4%
Staffordshire Moorlands £226,439 £232,451 -2.6%
Stevenage £318,143 £347,098 -8.3%
Stockport £301,781 £302,450 -0.2%
Stockton-on-Tees £167,883 £162,227 3.5%
Stoke-on-Trent £134,262 £143,943 -6.7%
Stratford-on-Avon £381,531 £384,613 -0.8%
Stroud £343,244 £346,876 -1.0%
Suffolk £299,013 £307,405 -2.7%
Sunderland £138,138 £140,505 -1.7%
Surrey £513,660 £527,478 -2.6%
Surrey Heath £424,318 £466,601 -9.1%
Sutton £436,261 £437,982 -0.4%
Swale £294,375 £316,740 -7.1%
Swindon £264,866 £266,440 -0.6%
Tameside £208,525 £211,432 -1.4%
Tamworth £228,031 £237,609 -4.0%
Tandridge £487,642 £521,475 -6.5%
Teignbridge £315,998 £325,532 -2.9%
Telford and Wrekin £218,958 £226,324 -3.3%
Tendring £268,783 £281,315 -4.5%
Test Valley £388,198 £406,016 -4.4%
Tewkesbury £358,630 £364,657 -1.7%
Thanet £290,252 £313,944 -7.5%
Three Rivers £582,969 £583,079 0.0%
Thurrock £316,286 £332,996 -5.0%
Tonbridge and Malling £412,308 £451,674 -8.7%
Torbay £248,423 £266,617 -6.8%
Torridge £302,716 £332,194 -8.9%
Tower Hamlets £453,376 £484,849 -6.5%
Trafford £366,427 £369,946 -1.0%
Tunbridge Wells £423,528 £477,396 -11.3%
Uttlesford £473,478 £480,300 -1.4%
Vale of White Horse £420,181 £432,649 -2.9%
Wakefield £203,331 £197,904 2.7%
Walsall £213,538 £218,841 -2.4%
Waltham Forest £468,598 £514,854 -9.0%
Wandsworth £607,259 £631,952 -3.9%
Warrington £259,672 £265,069 -2.0%
Warwick £383,319 £361,594 6.0%
Warwickshire £316,959 £313,722 1.0%
Watford £371,851 £402,609 -7.6%
Waverley £538,839 £559,461 -3.7%
Wealden £406,939 £424,779 -4.2%
Welwyn Hatfield £399,510 £441,496 -9.5%
West Berkshire £412,827 £407,554 1.3%
West Devon £330,802 £331,340 -0.2%
West Lancashire £252,836 £230,222 9.8%
West Lindsey £216,460 £219,437 -1.4%
West Northamptonshire £293,704 £301,100 -2.5%
West Oxfordshire £406,428 £401,728 1.2%
West Suffolk £313,631 £319,519 -1.8%
West Sussex £395,693 £399,816 -1.0%
Westmorland and Furness £231,289 £225,730 2.5%
Wigan £183,846 £189,082 -2.8%
Wiltshire £324,693 £338,202 -4.0%
Winchester £537,592 £498,449 7.9%
Windsor and Maidenhead £555,713 £559,094 -0.6%
Wirral £211,532 £209,915 0.8%
Woking £485,104 £492,495 -1.5%
Wokingham £507,818 £509,331 -0.3%
Wolverhampton £198,122 £206,797 -4.2%
Worcester £261,036 £267,210 -2.3%
Worcestershire £304,557 £302,096 0.8%
Worthing £363,946 £350,994 3.7%
Wychavon £359,023 £341,017 5.3%
Wyre £195,026 £201,830 -3.4%
Wyre Forest £251,996 £249,569 1.0%
York £308,467 £324,490 -4.9%
England £302,164 £308,721 -2.1%

Average price by local authority for England

In December 2023, the most expensive area in England to purchase a property was Kensington and Chelsea, where the average cost was £1.1 million. In contrast, the cheapest area to purchase a property was Burnley, where the average cost was £107,000.

3.2 Annual price change by London borough

London borough December 2023 December 2022 Difference
Barking and Dagenham £340,485 £354,490 -4.0%
Barnet £577,548 £593,114 -2.6%
Bexley £377,926 £407,782 -7.3%
Brent £526,198 £553,159 -4.9%
Bromley £498,031 £511,410 -2.6%
Camden £872,777 £857,973 1.7%
City of London £802,168 £975,289 -17.8%
City of Westminster £877,733 £1,046,255 -16.1%
Croydon £402,505 £428,626 -6.1%
Ealing £500,897 £529,815 -5.5%
Enfield £431,877 £457,784 -5.7%
Greenwich £433,411 £434,547 -0.3%
Hackney £621,127 £618,843 0.4%
Hammersmith and Fulham £664,767 £743,420 -10.6%
Haringey £573,740 £603,149 -4.9%
Harrow £500,070 £527,829 -5.3%
Havering £405,801 £435,837 -6.9%
Hillingdon £435,396 £465,519 -6.5%
Hounslow £448,840 £449,272 -0.1%
Islington £702,159 £701,328 0.1%
Kensington and Chelsea £1,125,353 £1,304,255 -13.7%
Kingston upon Thames £546,063 £552,905 -1.2%
Lambeth £531,846 £550,067 -3.3%
Lewisham £467,052 £468,905 -0.4%
Merton £555,262 £574,417 -3.3%
Newham £424,253 £420,084 1.0%
Redbridge £459,823 £485,479 -5.3%
Richmond upon Thames £757,676 £735,740 3.0%
Southwark £535,918 £552,637 -3.0%
Sutton £436,261 £437,982 -0.4%
Tower Hamlets £453,376 £484,849 -6.5%
Waltham Forest £468,598 £514,854 -9.0%
Wandsworth £607,259 £631,952 -3.9%

Average price by London borough

In December 2023, the most expensive London borough to purchase a property was Kensington and Chelsea, where the average cost was £1.1 million. In contrast, the cheapest borough to purchase a property was Barking and Dagenham, where the average cost was £340,000.

3.3 Average price change by property type

Average price change by property type for England

Property type December 2023 December 2022 Difference
Detached £473,127 £481,109 -1.7%
Semi-detached £294,838 £296,751 -0.6%
Terraced £246,679 £254,399 -3.0%
Flat or maisonette £242,956 £252,116 -3.6%
All £302,164 £308,721 -2.1%

4. Sales volumes

The amount of time between the sale of a property and the registration of this information varies. It typically ranges between 2 weeks and 2 months but can be longer. Volume figures for the most recent 2 months are not yet at a reliable level for reporting, so they are not included in the report. Published transactions for recent months will increase as later registered transactions are incorporated into the index.

Sales volume data is also available by property status (new build and existing property) and funding status (cash and mortgage) in our downloadable data tables. Transactions involving the creation of a new register, such as new builds, are more complex and require more time to process. Read Revisions to the UK HPI data for more information.

4.1 Sales volumes by local authority

Sales volumes for England by local authority

Comparing the provisional volume estimate for the current month with the revised volume estimate for the corresponding month in the previous year

Local authorities October 2023 October 2022
Adur 62 91
Amber Valley 78 206
Arun 125 248
Ashfield 106 145
Ashford 101 156
Babergh 63 113
Barking and Dagenham 66 119
Barnet 155 317
Barnsley 179 322
Basildon 90 212
Basingstoke and Deane 123 257
Bassetlaw 86 127
Bath and North East Somerset 154 253
Bedford 97 205
Bexley 142 279
Birmingham 485 914
Blaby 78 135
Blackburn with Darwen 84 132
Blackpool 122 238
Bolsover 68 110
Bolton 195 345
Boston 50 82
Bournemouth Christchurch and Poole 369 638
Bracknell Forest 112 171
Bradford 344 604
Braintree 98 192
Breckland 86 170
Brent 86 188
Brentwood 56 114
Brighton and Hove 224 374
Broadland 132 210
Bromley 264 419
Bromsgrove 54 111
Broxbourne 60 130
Broxtowe 69 126
Buckinghamshire 317 735
Burnley 70 129
Bury 97 230
Calderdale 127 275
Cambridge 75 112
Cambridgeshire 411 845
Camden 98 159
Cannock Chase 68 90
Canterbury 101 229
Castle Point 63 105
Central Bedfordshire 195 439
Charnwood 120 232
Chelmsford 111 226
Cheltenham 105 175
Cherwell 104 222
Cheshire East 340 631
Cheshire West and Chester 273 483
Chesterfield 96 113
Chichester 92 178
Chorley 75 144
City of Bristol 319 580
City of Derby 155 266
City of Kingston upon Hull 151 277
City of London 8 12
City of Nottingham 165 296
City of Peterborough 112 232
City of Plymouth 219 329
City of Westminster 137 211
Colchester 135 277
Cornwall 484 735
Cotswold 87 109
County Durham 417 703
Coventry 193 357
Crawley 58 115
Croydon 193 370
Cumberland 247 394
Dacorum 125 206
Darlington 94 154
Dartford 67 148
Derbyshire 610 1,085
Derbyshire Dales 61 67
Devon 711 1,133
Doncaster 196 343
Dorset 356 580
Dover 88 163
Dudley 199 338
Ealing 162 285
East Cambridgeshire 42 142
East Devon 151 245
East Hampshire 82 156
East Hertfordshire 92 256
East Lindsey 121 224
East Riding of Yorkshire 284 587
East Staffordshire 87 138
East Suffolk 196 346
East Sussex 517 784
Eastbourne 119 144
Eastleigh 117 190
Elmbridge 87 208
Enfield 123 240
Epping Forest 83 154
Epsom and Ewell 48 98
Erewash 84 149
Essex 986 1,949
Exeter 116 155
Fareham 90 172
Fenland 72 116
Folkestone and Hythe 79 143
Forest of Dean 54 93
Fylde 67 135
Gateshead 131 225
Gedling 89 144
Gloucester 94 197
Gloucestershire 523 865
Gosport 63 111
Gravesham 52 121
Great Yarmouth 70 164
Greenwich 119 277
Guildford 85 170
Hackney 112 205
Halton 61 116
Hammersmith and Fulham 89 170
Hampshire 1,038 1,889
Harborough 66 146
Haringey 115 195
Harlow 58 104
Harrow 85 156
Hart 88 156
Hartlepool 69 142
Hastings 91 120
Havant 93 172
Havering 141 289
Herefordshire 124 251
Hertfordshire 754 1,496
Hertsmere 47 106
High Peak 77 138
Hillingdon 133 247
Hinckley and Bosworth 83 181
Horsham 129 193
Hounslow 87 205
Huntingdonshire 113 269
Hyndburn 61 132
Ipswich 81 146
Isle of Wight 113 183
Islington 114 206
Kensington and Chelsea 85 147
Kent 1,091 2,104
King’s Lynn and West Norfolk 124 197
Kingston upon Thames 107 211
Kirklees 284 495
Knowsley 74 134
Lambeth 176 350
Lancashire 923 1,687
Lancaster 133 173
Leeds 511 885
Leicester 118 219
Leicestershire 501 1,003
Lewes 71 171
Lewisham 154 298
Lichfield 74 170
Lincoln 61 144
Lincolnshire 539 1,097
Liverpool 264 507
Luton 99 183
Maidstone 122 224
Maldon 49 86
Malvern Hills 45 88
Manchester 254 430
Mansfield 72 127
Medway 181 344
Melton 39 65
Merton 105 221
Mid Devon 62 106
Mid Suffolk 83 139
Mid Sussex 141 238
Middlesbrough 83 158
Milton Keynes 201 336
Mole Valley 62 118
New Forest 130 227
Newark and Sherwood 97 171
Newcastle upon Tyne 191 346
Newcastle-under-Lyme 96 172
Newham 79 153
Norfolk 737 1,243
North Devon 81 136
North East Derbyshire 77 128
North East Lincolnshire 89 216
North Hertfordshire 103 159
North Kesteven 74 164
North Lincolnshire 119 249
North Norfolk 117 133
North Northamptonshire 234 422
North Somerset 193 324
North Tyneside 155 264
North Warwickshire 54 77
North West Leicestershire 79 180
North Yorkshire 597 858
Northumberland 255 478
Norwich 108 181
Nottinghamshire 617 999
Nuneaton and Bedworth 108 187
Oadby and Wigston 36 64
Oldham 112 235
Oxford 80 129
Oxfordshire 489 908
Pendle 62 138
Portsmouth 129 235
Preston 100 183
Reading 123 224
Redbridge 107 224
Redcar and Cleveland 114 192
Redditch 56 110
Reigate and Banstead 84 241
Ribble Valley 30 88
Richmond upon Thames 152 260
Rochdale 138 228
Rochford 64 103
Rossendale 59 108
Rother 94 143
Rotherham 147 318
Rugby 74 184
Runnymede 65 110
Rushcliffe 98 159
Rushmoor 67 115
Rutland 32 36
Salford 154 289
Sandwell 141 269
Sefton 237 358
Sevenoaks 90 164
Sheffield 316 561
Shropshire 261 377
Slough 52 125
Solihull 134 262
Somerset 471 788
South Cambridgeshire 109 206
South Derbyshire 69 174
South Gloucestershire 198 381
South Hams 78 124
South Holland 82 127
South Kesteven 87 193
South Norfolk 100 188
South Oxfordshire 134 203
South Ribble 98 170
South Staffordshire 79 120
South Tyneside 85 157
Southampton 135 257
Southend-on-Sea 117 218
Southwark 155 283
Spelthorne 71 132
St Albans 117 220
St Helens 106 207
Stafford 108 160
Staffordshire 647 1,059
Staffordshire Moorlands 94 122
Stevenage 38 87
Stockport 188 421
Stockton-on-Tees 137 256
Stoke-on-Trent 182 287
Stratford-on-Avon 112 223
Stroud 102 167
Suffolk 556 976
Sunderland 138 327
Surrey 782 1,672
Surrey Heath 62 121
Sutton 148 221
Swale 101 179
Swindon 189 292
Tameside 137 255
Tamworth 41 87
Tandridge 43 122
Teignbridge 109 197
Telford and Wrekin 103 196
Tendring 121 260
Test Valley 104 169
Tewkesbury 81 124
Thanet 94 202
Three Rivers 60 99
Thurrock 106 181
Tonbridge and Malling 83 174
Torbay 124 188
Torridge 73 73
Tower Hamlets 121 327
Trafford 170 275
Tunbridge Wells 113 201
Uttlesford 58 116
Vale of White Horse 84 213
Wakefield 207 396
Walsall 152 227
Waltham Forest 123 263
Wandsworth 253 463
Warrington 140 251
Warwick 108 209
Warwickshire 456 880
Watford 50 106
Waverley 105 190
Wealden 142 206
Welwyn Hatfield 62 127
West Berkshire 115 212
West Devon 41 97
West Lancashire 77 124
West Lindsey 64 163
West Northamptonshire 295 550
West Oxfordshire 87 141
West Suffolk 133 232
West Sussex 704 1,238
Westmorland and Furness 226 348
Wigan 171 408
Wiltshire 400 648
Winchester 81 164
Windsor and Maidenhead 88 210
Wirral 236 403
Woking 70 162
Wokingham 141 253
Wolverhampton 130 214
Worcester 75 120
Worcestershire 394 717
Worthing 97 175
Wychavon 88 161
Wyre 91 163
Wyre Forest 76 127
York 163 225
England 37,026 67,264

Note: The ‘Difference’ column has been removed from this table as the latest month’s data are not yet complete.

Note: The number of property transactions for October 2023 will increase as more transactions are incorporated into the UK HPI index. See our Revisions Policy for more information.

Comparing the provisional UK HPI volume estimate for October 2022 with the provisional UK HPI estimate for October 2023, volume transactions decreased by 29.3% in England.

UK Property Transaction Statistics published by HM Revenue & Customs (which differ in coverage but are more complete for this period), report that on a non-seasonally adjusted basis, HMRC volume transactions decreased by 18.3% in England in the 12 months to October 2023.

4.2 Sales volumes by London borough

Sales volumes by London borough

London borough October 2023 October 2022
Barking and Dagenham 66 119
Barnet 155 317
Bexley 142 279
Brent 86 188
Bromley 264 419
Camden 98 159
City of London 8 12
City of Westminster 137 211
Croydon 193 370
Ealing 162 285
Enfield 123 240
Greenwich 119 277
Hackney 112 205
Hammersmith and Fulham 89 170
Haringey 115 195
Harrow 85 156
Havering 141 289
Hillingdon 133 247
Hounslow 87 205
Islington 114 206
Kensington and Chelsea 85 147
Kingston upon Thames 107 211
Lambeth 176 350
Lewisham 154 298
Merton 105 221
Newham 79 153
Redbridge 107 224
Richmond upon Thames 152 260
Southwark 155 283
Sutton 148 221
Tower Hamlets 121 327
Waltham Forest 123 263
Wandsworth 253 463

Note: The ‘Difference’ column has been removed from this table as the latest month’s data are not yet complete.

Note: The number of property transactions for October 2023 will increase as more transactions are incorporated into the index. See our Revisions Policy for more information.

4.3 Sales volumes for England

Sales volumes for England over the past five years

Date Sales volumes for England
October 2019 74,620
October 2020 77,907
October 2021 47,410
October 2022 67,264
October 2023 37,026

Comparing the provisional UK HPI volume estimate for October 2022 with the provisional UK HPI estimate for October 2023, volume transactions decreased by 29.3% in England.

UK Property Transaction Statistics published by HM Revenue & Customs (which differ in coverage but are more complete for this period), report that on a non-seasonally adjusted basis, HMRC volume transactions decreased by 18.3% in England in the 12 months to October 2023.

4.4 Sales volumes for London

Sales volumes for London over the past 5 years

Date Sales volumes for London
October 2019 7,901
October 2020 8,083
October 2021 4,393
October 2022 7,970
October 2023 4,194

5. Property status

Transactions involving the creation of a new register, such as new builds, are more complex and need more time to process. This means they can take longer to appear in the land registers. The volume of new build transactions for the most recent 2 months are not at a reliable level for reporting the breakdown between new build and existing resold property, so they are not included in the report.

New build and existing resold property for England by region

Region Average new build October 2023 Average existing October 2023 New build monthly change Existing monthly change New build annual change Existing annual change
London £543,508 £517,486 -0.9% -2.0% 2.9% -3.4%
North East £264,149 £152,895 1.7% -0.1% 12.2% -0.9%
East Midlands £374,355 £238,832 1.7% -0.4% 10.1% -1.6%
East of England £485,583 £338,617 1.6% -0.9% 9.1% -3.1%
North West £317,479 £209,903 1.4% 0.4% 10.5% -1.1%
South East £502,423 £383,117 1.2% 0.2% 9.2% -2.3%
South West £431,168 £320,993 2.5% 0.7% 9.8% -1.9%
West Midlands Region £372,603 £243,756 0.5% -0.8% 9.5% -1.8%
Yorkshire and The Humber £297,190 £205,746 3.6% 1.5% 11.6% -0.4%
England £414,781 £299,150 1.4% -0.1% 9.3% -1.9%

Note: Since the October 2017 release, amendments have been made to our estimation model when calculating our provisional estimate. Find out further information and the impact of this change in methods used to produce the UK HPI.

6. Buyer status

First time buyer and former owner occupier for England by region

Region Average first time buyer price December 2023 Average former owner occupier price December 2023 First time buyer monthly change Former owner occupier monthly change First time buyer annual change Former owner occupier annual change
London £440,322 £579,978 0.6% -0.7% -4.3% -5.6%
North East £134,621 £180,281 -0.6% -1.9% -1.0% -0.7%
East Midlands £209,281 £279,974 2.3% 0.8% -0.8% -1.4%
East of England £283,341 £388,141 0.2% -1.1% -3.6% -4.1%
North West £184,566 £246,927 3.3% 1.5% 1.3% 0.8%
South East £298,746 £440,787 -1.4% -2.4% -4.7% -4.6%
South West £261,311 £360,951 0.1% -1.1% -2.0% -2.5%
West Midlands Region £209,850 £290,430 3.1% 2.0% 0.0% 0.3%
Yorkshire and The Humber £177,575 £233,867 0.4% -0.2% -1.4% -1.1%
England £251,891 £344,842 0.9% -0.5% -2.0% -2.4%

7. Funding status

Cash and mortgage indicator for England by region

Region Average cash price December 2023 Average mortgage price December 2023 Cash monthly change Mortgage monthly change Cash annual change Mortgage annual change
London £519,684 £503,453 0.6% -0.1% -5.5% -4.6%
North East £142,072 £166,274 -1.9% -0.9% -2.0% -0.3%
East Midlands £236,598 £253,934 1.2% 1.7% -1.5% -0.8%
East of England £323,814 £351,528 -0.9% -0.3% -4.1% -3.7%
North West £197,025 £229,493 1.9% 2.7% 0.9% 1.3%
South East £357,814 £386,590 -2.2% -1.8% -4.9% -4.5%
South West £310,890 £323,800 -1.4% -0.1% -3.0% -1.8%
West Midlands Region £238,127 £258,923 1.9% 2.9% -0.1% 0.4%
Yorkshire and The Humber £196,446 £212,943 0.1% 0.2% -1.6% -1.1%
England £281,969 £312,160 -0.2% 0.4% -2.5% -2.0%

8. Repossession sales volumes

Due to a period of 2 weeks to 2 months between completion and registration of sales, volume figures for the most recent 2 months are not yet complete, so they are not included in the report.

Repossession sales volumes by government office region

Region Sales volume October 2023
East Midlands 6
East of England 1
London 15
North East 10
North West 15
South East 8
South West 2
West Midlands Region 7
Yorkshire and The Humber 11
England 75

9. Access the data

Download the data as CSV files or access it with our UK HPI tool.

Data revisions

View any revisions to previously published data in the data downloads or find out more about revisions in our guidance About the UK HPI.

10. About the UK House Price Index

The UK House Price Index (UK HPI) is calculated by the Office for National Statistics and Land & Property Services Northern Ireland. Find out about the methodology used to create the UK HPI.

Data for the UK House Price Index is provided by HM Land Registry, Registers of Scotland, The Land & Property Services/Northern Ireland Statistics & Research Agency and the Valuation Office Agency.

Find out more about the UK House Price Index.

11. Contact for England queries

Eileen Morrison, Data Services Team Leader, HM Land Registry

Email [email protected]

Telephone 0300 006 5288