House prices rise by a modest 2.6% in 2017
- UK annual house price growth ended 2017 at 2.6%, compared with 4.5% in 2016
- London weakest performing region, with house prices down 0.5% year-on-year
- Significant differences in regional affordability, but saving for a deposit remains challenging for most
House Price Index headlines
Dec 17 | Nov 17 | |
Monthly Index* | 423.6 | 421.2 |
Monthly Change* | 0.6% | 0.1% |
Annual Change | 2.6% | 2.5% |
Average Price (not seasonally adjusted) | £211,156 | £209,988 |
*Seasonally adjusted figure (note that monthly % changes are revised when seasonal adjustment factors are re-estimated