www.communities.gov.uk

House Price Index - April 2009

Published 9 June 2009
Type(s) Statistics
Site Corporate
ISBN 9781409815228
Price Free

Summary

The latest UK house price index statistics produced by Communities and Local Government were released on Tuesday 9 June 2009.

The latest statistics release includes data based on mortgage completions during the month of April 2009.

The key points from the release are:

  • UK house prices were 13.0 per cent lower than in April 2008.
  • The mix-adjusted average house price in the UK stood at £189,215 in April 2009 (not seasonally adjusted).
  • UK house prices fell by 3.0 per cent in the quarter ending April 2009. This compares with a fall of 3.9 per cent for the quarter ending January 2009.
  • Annual average house prices fell in England (-13.2 per cent), Wales (-10.3 per cent), Scotland (-8.6 per cent) and Northern Ireland (-22.8 per cent).
  • Annual average house prices paid by first time buyers in April 2009 were 16.0 per cent lower than a year ago. By comparison average house prices paid by former owner occupiers were 11.9 per cent lower.

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