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The gap between average income and average housing prices changed between 1985 and 2015 from twice an average salary to up to six times average income. Median house prices in London the median house now cost up to 12 times the median London salary. In 1995, the median house price was £83,000, 4.4 times the median income.
The average UK house price rose by 1.2% month-on-month in November, according to Nationwide Building Society, which was the biggest increase since March 2022.
The typical UK house price in December 2023 was £287,105, up from £282,305 in the same month a year earlier, Halifax said. Average UK house price ended last year £4,800 higher than at end of ...
The average UK house price was £33,000 higher in October than a year earlier, after jumping by 12.6%, according to official figures.
The average UK house price edged down in November from a previous record high, according to official figures. ... Average house prices increased over the year to £315,000 (a 10.9% annual increase ...
A house price index (HPI) measures the price changes of residential housing as a percentage change from some specific start date (which has an HPI of 100). Methodologies commonly used to calculate an HPI are hedonic regression (HR), simple moving average (SMA), and repeat-sales regression (RSR).
The average house price hit the latest record high of £298,083 last month, surpassing a peak of £293,999 in October. On an annual basis, house prices have now seen the fastest growth for the ...
The average UK house price hit a new high in October, putting it just shy of £294,000, according to an index. House prices increased by 0.2% in October, the fourth monthly increase in a row ...