House prices fall slightly in the SW

In England the November data shows, on average, house prices have risen by 0.3% since October 2019. The annual price rise of 1.7% takes the average property value to £251,222.

The regional data for England indicates that:

  • the West Midlands experienced the greatest monthly price rise, up by 1.7%
  • Yorkshire and The Humber saw the most significant monthly price fall, down by 1%
  • the West Midlands experienced the greatest annual price rise, up by 4%
  • East of England saw the largest annual price fall, down by 0.7%

Price change by region for England

Region Average price November 2019 Monthly change % since October 2019
East Midlands £197,792 1.1
East of England £291,281 -0.7
London £475,458 -0.5
North East £130,712 0.7
North West £169,362 1.1
South East £326,636 0.4
South West £259,758 -0.3
West Midlands £204,238 1.7
Yorkshire and the Humber £165,642 -1.0

Repossession sales by volume for England

The lowest number of repossession sales in September 2019 was in the East of England.

The highest number of repossession sales in September 2019 was in the North West.

Repossession sales September 2019
East Midlands 46
East of England 14
London 38
North East 84
North West 123
South East 55
South West 35
West Midlands 57
Yorkshire and The Humber 73
England 525

Average price by property type for England

Property type November 2019 November 2018 Difference %
Detached £383,945 £376,142 2.1
Semi-detached £237,054 £230,973 2.6
Terraced £202,350 £199,607 1.4
Flat/maisonette £226,616 £225,623 0.4
All £251,222 £246,940 1.7

Funding and buyer status for England

Transaction type Average price November 2019 Annual price change % since November 2018 Monthly price change % since October 2019
Cash £236,352 1.6 0.3
Mortgage £258,705 1.8 0.2
First-time buyer £210,284 1.7 0.3
Former owner-occupier £285,742 1.8 0.2

Building status for England

Building status* Average price September 2019 Annual price change % since September 2018 Monthly price change % since August 2019
New build £313,823 3.7 2.0
Existing resold property £246,855 0.8 0.1

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