The average house price in the UK stands at £231,095, according to the latest data from HM Land Registry.
The North West saw the greatest monthly property price rise with an increase of 1.2% to £165,007. But the biggest monthly price fall was the North East at 1.9% to £128,484.
London’s average annual house price actually fell by 1.7% to £473,609, while the North West’s annual house price rose by a huge 4.9%.
If we take a look at the year on year comparison from the latest HM Land Registry data, we can see average house prices in England are generally rising overall:
| Property Type | October 2017 | October 2018 | Change (%) |
| Flat | £227,770 | £229,075 | +0.6 |
| Terraced | £194,602 | £199,325 | +2.4 |
| Semi-detached | £224,513 | £231,863 | +3.3 |
| Detached | £365,469 | £376,581 | +3.0 |
| All | £242,003 | £247,914 | +2.4 |
However, the average house prices by property type for Wales have seen the biggest overall increase in the UK year on year:
| Property Type | October 2017 | October 2018 | Change (%) |
| Flat | £112,187 | £117,007 | +4.3 |
| Terraced | £119,515 | £123,641 | +3.5 |
| Semi-detached | £149,237 | £155,121 | +3.9 |
| Detached | £234,474 | £243,427 | +3.8 |
| All | £155,033 | £155,033 | +3.8 |
If you’re thinking of selling your property – make sure you instruct a good conveyancing solicitor. Our specialist Conveyancing Team have plenty of experience dealing with all sorts of property purchases and sales. Call 0800 614 722 or request a callback to speak to our solicitors.