House Prices

The rise or fall in the value of housing across the United Kingdom is a great interest to millions of people. This table shows the changes to the average House price in both actual and percentage terms. The small arrows indicate the direction of the change compared to the previous month.

The figures give you the opportunity to consider some of the detail behind the House Price Index calculated each month by The Halifax Group, who are the UK's biggest mortgage lender. The Halifax Group have been calculating the monthly House Price index since 1984. It is widely used by government departments, the media and business as an authoritative indicator of house price movements.

The standardised index is seasonally adjusted using the U.S. Bureau of the Census XII moving-average method based on a rolling 84-month series. Each month, the seasonally adjusted figure for the same month a year ago and last month's figure are subject to revision.

The figures in this table show the percentage change in the Standardised Average House Price over the previous twelve-month period ending in the month shown. (For example the figure to July 2001 shows the percentage change during the 12 months from July 2000.)