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
Download this chart’s data (CSV, 1KB)
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% |
Download this table’s data (CSV, 12KB)
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% |
Download this table’s data (CSV, 2KB)
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% |
Download this table’s data (CSV, 1KB)
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.
Download this table’s data (CSV, 10KB)
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.
Download this table’s data (CSV, 1KB)
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.
Download this chart’s data (CSV, 1KB)
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 |
Download this chart’s data (CSV, 1KB)
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% |
Download this table’s data (CSV, 1KB)
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% |
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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% |
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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 |
Download the data for England and Wales (CSV, 7KB)
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