House price growth softens in March

  • Annual house price growth softens to 3.5%
  • Prices fall 0.3% month-on-month in March
  • Some convergence in regional price growth, with gap between weakest and strongest performing regions narrowest since 1978
House Price Index headlines
Mar 17
Feb 17
Monthly Index*
415.3
416.7
Monthly Change*
-0.3%
0.6%
Annual Change
3.5%
4.5%
Average Price
(not seasonally adjusted)
£207,308
£205,846
*Seasonally adjusted figure (note that monthly % changes are revised when seasonal adjustment factors are re-estimated)
Download our March HPI report