www.communities.gov.uk

House Price Index - December 2008

Published 17 February 2009
Type(s) Statistics
Site Corporate
ISBN 9781409811855
Price Free

Summary

The latest UK house price index statistics produced by Communities and Local Government were released on Tuesday 17 February 2009.

The latest statistics release includes data based on mortgage completions during the month of December 2008.

The key points from the release are:

  • UK house prices were 10.2 per cent lower than in December 2007.
  • The mix-adjusted average house price in the UK stood at £195,317 in December 2008 (not seasonally adjusted).
  • UK house prices fell by 6.4 per cent in the quarter ending December 2008. This compares with a fall of 3.0 per cent for the quarter ending September 2008.
  • Annual average house prices fell in England (-10.4 per cent), Wales (-10.3 per cent), Scotland (-6.0 per cent) and Northern Ireland (-17.9 per cent).
  • Annual average house prices paid by first time buyers in December 2008 were 13.0 per cent lower than a year ago. By comparison average house prices paid by former owner occupiers were 9.2 per cent lower.

Order

  • This publication is only available online - see below to download.

Download

Do you need help viewing file formats?

Alternative formats

If you require this publication in an alternative format please email alternativeformats@communities.gsi.gov.uk. Please note that the nature of content means that we may not be able to provide the Statistical series of publications in all requested formats.

Related publications

You may also be interested in …

On this site

How safe is your home?

Information to help you to understand the risks from fire in your home and take steps to protect those who live in it.

Have your say

My favourites