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 17Nov 17
Monthly Index*423.6421.2
Monthly Change*0.6%0.1%
Annual Change2.6%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