UK Statistics

Statistics: House Price Index, April 2014

Released: 17 June 2014 – Download PDF

Key Points

  • UK house prices increased by 9.9% in the year to April 2014, up from 8.0% in the year to March 2014.
  • House price annual inflation was 10.4% in England, 3.3% in Wales, 4.8% in Scotland and 2.6% in Northern Ireland.
  • House prices are increasing strongly across most parts of the UK, with prices in London again showing the highest growth.
  • Annual house price increases in England were driven by rises in London (18.7%), the South East (8.9%) and the East (8.5%).
  • Excluding London and the South East, UK house prices increased by 6.3% in the 12 months to April 2014.
  • On a seasonally adjusted basis, average house prices increased by 2.0% between March and April 2014.
  • In April 2014, prices paid by first-time buyers were 10.7% higher on average than in April 2013. For owner-occupiers (existing owners), prices increased by 9.5% for the same period.

Source: Office for National Statistics licensed under the Open Government Licence v.1.0.

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