E&W House Prices May 2019
In May, the average house price in England & Wales fell by a modest -£200, or -0.1%, to £300,866. This was the third month in succession that average prices have fallen marginally, with prices some -£250 lower than at the start of the year. Over the last twelve months – as the chart illustrates – the movement in prices from one month to the next has been relatively subdued, with a maximum change of ±0.7%. Thus the increase in the average price over the last twelve months amounts to a minor +£1,000, or +0.3%, suggesting that all is quiet on the housing front.