House Prices April 2019
In April, the average house price in England & Wales fell by a modest -£180, or -0.1%, to £302,122. This was the second month in succession that average prices have fallen marginally, although in March the price fall was even less, at -£72. Indeed, over the last twelve months – as Figure 1 illustrates – the movement in prices from one month to the next has been relatively subdued, with a maximum growth rate of ±0.6%. Thus the change in the average price over the last twelve months totals a relatively minor +£690, or +0.2%, suggesting that all is quiet on the housing front.