UK House prices: latest house price trends from the Land Registry

Published 19th of January, 2022


The average house price in the UK is £270,708, average prices have increased by 10.0% or (£24,643) over the last year, and increased by 1.2% or (£3,218) last month. We note that these figures are provisional and subject to change, however, October is the first month following the end of the Stamp Duty holiday, and a month in which the UK housing market paused for breath. 

UK average house prices have increased by 17.4% (£40,099) since the start of the COVID-19 pandemic.


UK average house prices rise in November

House prices quickly recover from stamp duty holiday blues

UK house prices rose in all regions apart from London and Wales in November 2021, rising on average by £3,218 as the UK housing market got back into its stride following the end of the Stamp Duty Holiday.  

It is comforting that house prices, in most areas, returned to growth so quickly after the benefits of the stamp duty holiday had been taken away. We already know that housing transactions have bounced back following a brief pause for breath and it seems that house prices are following suit.

We continue to believe that in the medium-term demand will outstrip underpinning house prices.

In this article, we look at the house price performance of each region across England and Wales.

UK house price graph chart since May 2019 land registry data twindig anthony codling

Whilst we often talk about the UK Housing market as one market, it is in fact a collection of hundreds and thousands of small local markets. House prices can vary significantly between these different housing markets. We show in the table below the different house prices across the regions of England and Wales

The range of house prices is quite large from average house prices of £149,200 in the North East to average house prices of £610,900 in Inner London.

Average house price graph chart by UK region land registry data twindig anthony codling

There are also regional variations in house price inflation. Over the last 12 months, house price inflation across the UK was 10.0%, but varied from 3.0% in Inner London to 12.9% in the Suuth West.

We show in the table below a summary of the regional house prices and annual house price inflation, house price inflation in the last month and house price inflation since the start of the COVID Pandemic in the UK.

Table to show annual house price inflation and house price inflation since Brexit and since COVID pandemic twindig anthony codling

The chart below shows annual house price inflation by region in England and Wales and house price inflation since the start of the COVID Pandemic. All regions of London are underperforming the house price trends elsewhere across the UK.

Graph chart showing annual house price inflation by UK region and house price inflation since COVID twindig anthony codling

In the chart below we show the average house price inflation by region in England and Wales since the EU Brexit referendum in June 2016. House prices have risen the most in Wales up 36.5%, followed by Yorkshire and Humberside up 34.8% and the East Midlands up 33.5%.

Graph chart to show house price inflation by UK region since the Brexit Referendum twindig anthony codling

House prices have risen the least in Outer London up just 7.8% and 11.1% in the South East since the EU Brexit Referendum, the areas where the Remain vote was stronger than in the rest of the country.

The changes in average house prices since the EU Brexit Referendum broadly reflect the regional voting patterns with higher house price inflation in those regions with a strong leave vote and lower house price inflation with a stronger Remain vote.

How much is my house worth?

If you would like to quickly see how much your house is worth you can do so by visiting twindig.com we have details of every house across the country, all 28 million, not just the one million or so that are currently for sale or rent

House prices in England

The average house price in England is £288,100. House prices in England have increased by 9.8% over the last year, risen by 1.4% over the last month, increased by 16.8% since COVID and are up 26.1% since the EU Brexit Referendum.

England house price graph chart since May 2019 land registry data twindig anthony codling

House prices in Wales

The average house price in Wales is £199,900. House prices in Wales have increased by 12.1% over the last year, fallen by 0.7% over the last month, increased by 20.4% since COVID and by 36.5% since the EU Brexit Referendum.

Wales house price graph chart since May 2019 land registry data twindig anthony codling


House prices in Outer London

The average house price in Outer London is £468,300. House prices in Outer London have increased by 6.4% over the last year, fallen by 0.1% over the last month, risen by 10.5% since COVID and by 7.8% since the EU Brexit Referendum.

Outer London England house price graph chart since May 2019 land registry data twindig anthony codling

House prices in London

The average house price in London is £519,900. House prices in London have increased by 5.1% over the last year, risen by 0.2% over the last month, increased by 9.6% since COVID and by 32.0% since the EU Brexit Referendum.

LOndon England house price graph chart since May 2019 land registry data twindig anthony codling

House prices in Inner London

The average house price in Inner London is £610,900. House prices in Inner London have risen by 5.1% over the last year, fallen by 0.3% over the last month and increased by 4.9% since COVID and by 30.6% since the EU Brexit Referendum.

Inner LOndon England house price graph chart since May 2019 land registry data twindig anthony codling

House prices the South West

The average house price in the South West is £308,500. House prices in the South West have increased by 12.9% over the last year, risen by 2.5% over the last month, and increased by 20.4% since COVID and by 21.0% since the EU Brexit Referendum.

South West England house price graph chart since May 2019 land registry data twindig anthony codling

House prices the West Midlands

The average house price in the West Midlands is £230,900. House prices in the West Midlands have increased by 9.8% over the last year, risen by 1.9% over the last month and increased by 16.0% since COVID and by 26.0% since the EU Brexit Referendum.

West Midlands England house price graph chart since May 2019 land registry data twindig anthony codling

House prices the South East

The average house price in the South East is £369,100. House prices in the South East have increased by 9.6% over the last year, risen by 0.5% over the last month and increased by 16.0% since COVID and by 11.1% since the EU Brexit Referendum.

South East England house price graph chart since May 2019 land registry data twindig anthony codling

House prices in the East of England

The average house price in the East of England is £336,900. House prices in the East of England have increased by 12.3% over the last year, risen by 2.1% over the last month and increased by 16.6% since COVID and by 27.1% since the EU Brexit Referendum.

East of England house price graph chart since May 2019 land registry data twindig anthony codling

House prices Yorkshire and Humberside

The average house price in Yorkshire and Humberside is £191,000. House prices in Yorkshire and Humberside have increased by 7.2% over the last year, risen by 1.0% over the last month and increased by 16.2% since COVID and by 34.8% since the EU Brexit Referendum.

Yorkshire and HUmberside England house price graph chart since May 2019 land registry data twindig anthony codling

House prices in the East Midlands

The average house price in the East Midlands is £229,300. House prices in the East Midlands have increased by 10.7% over the last year, risen by 0.4% over the last month and increased by 18.5% since COVID and by 33.5% since the EU Brexit Referendum.

East Midlands England house price graph chart since May 2019 land registry data twindig anthony codling

House prices in the North West

The average house price in the North West is £197,800. House prices in the North West have increased by 10.8% over the last year, risen by 2.3% over the last month and increased by 20.1% since COVID and by 17.6% since the EU Brexit Referendum.

North West England house price graph chart since May 2019 land registry data twindig anthony codling

House prices in the North East

The average house price in the North East is £149,200. House prices in the North East have increased by 8.7% over the last year, risen by 1.8% over the last month and increased by 17.5% since COVID and by 32.0% since the EU Brexit Referendum.

North East England house price graph chart since May 2019 land registry data twindig anthony codling

Average UK House Prices and Stamp Duty Holiday

The average house price in the UK has increased by £35,200 since there start of the Stamp Duty Holiday to £269,900 which equates to a Stamp Duty saving of £2,500.

The average UK house price has therefore increased by £32,700 more than the potential Stamp Duty since the start of the Stamp Duty Holiday.

We show the change in house prices and stamp duty savings in the table below and also a chart to show how much more average house prices have increased than the potential stamp duty saving

Table showing house price inflation and UK house prices since the stamp duty holiday and stamp duty savings twindig anthony codling

House price increases less stamp duty saving

Graph chart showing house price increases less the stamp duty savings since the start of the COVID stamp duty holiday twindig anthony codling
Anthony Codling
CEO, Twindig

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