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United Kingdom average house price (in British Pounds) (1990=100)
May, 31, 2023
United Kingdom
House prices in the United Kingdom. We use Nationwide house price data, which stretches back to 1990 on a quarterly basis. There are many other UK house price data sources including Halifax and the Land Registry.
House prices in UK, % change 1 yr
Nominal and inflation-adjusted ('real')
United Kingdom
Source: Nationwide
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2023 | -3.52 | |||
| 2022 | 1.78 | 0.07 | -0.75 | -5.24 |
| 2021 | 0.61 | 3.45 | 0.99 | 0.37 |
| 2020 | 0.83 | 0.83 | 1.54 | 2.26 |
| 2019 | -0.51 | 0.48 | 0.04 | -0.59 |
| 2018 | 0.07 | 0.36 | 0.24 | -1.45 |
| 2017 | -0.04 | 0.52 | 0.32 | -0.88 |
| 2016 | 1.07 | 2.14 | 0.63 | -0.88 |
| 2015 | 0.37 | 2.4 | 0.56 | 0.47 |
| 2014 | 2.01 | 3.99 | 1.11 | -0.1 |
| 2013 | -0.33 | 1.87 | 1.85 | 1.55 |
| 2012 | -1.67 | 0.63 | -0.94 | -1.52 |
| 2011 | -1.55 | 1.38 | -0.63 | -1.92 |
| 2010 | -0.09 | 2.54 | -1.14 | -3.47 |
| 2009 | -4.32 | 1.97 | 3.48 | 0.77 |
| 2008 | -2.96 | -4.51 | -6.43 | -5.17 |
| 2007 | 1.9 | 2.44 | 1.28 | -1.04 |
| 2006 | 1.74 | 1.67 | 1.45 | 1.4 |
| 2005 | -0.04 | 2.04 | -0.42 | -0.65 |
| 2004 | 3.69 | 5.96 | 3.38 | -1.3 |
| 2003 | 3.58 | 3.59 | 3.49 | 2.79 |
| 2002 | 2.91 | 7.54 | 6.94 | 4.06 |
| 2001 | 3.16 | 2.83 | 3.89 | 1.49 |
| 2000 | 4.24 | 3.51 | -0.33 | 0.31 |
| 1999 | 1.47 | 2.75 | 3.5 | 2.72 |
| 1998 | 1.74 | 2.52 | 1.76 | -0.64 |
| 1997 | 1.02 | 3.6 | 3.73 | 1.19 |
| 1996 | 0.11 | 2.03 | 1.54 | 1.41 |
| 1995 | -2.57 | -0.44 | -0.88 | -1.23 |
| 1994 | 0.07 | -1.16 | 0.72 | 0.28 |
| 1993 | -0.4 | 2.27 | -0.64 | -1.65 |
| 1992 | -3.18 | -1.2 | -0.8 | -4.59 |
| 1991 | -1.37 | -1.67 | -2.09 | -3.44 |
| 1990 | -4.8 | -4.34 | -5.92 |
This table shows the change in house prices during a single quarter, adjusted for inflation.
Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.