Mapped: Areas in UK facing sharpest drop in house prices
1 year, 4 months ago

Mapped: Areas in UK facing sharpest drop in house prices

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Take a look at our map below for the areas most affected by falling prices: View more Property values in south east England were down -3 per cent annually last month - the largest fall since July 2011, according to an index published in June by Halifax. Welsh house prices were down by -1.8 per cent annually, compared to a +1.0 per cent increase in May – the nation’s first year-on-year fall since March 2013. Separate figures published by the Nationwide Building Society on Tuesday found that the average UK house price declined by 3.8 per cent annually in July - the fastest annual drop in 14 years. “Moreover, deposit requirements continue to present a high hurdle - with a 10 per cent deposit equivalent to 55 per cent of gross annual average income.” Full list of house prices across regions of the UK in June South East 384,106 -3% Greater London 533,057 -2.6% East Midlands 333,343 -2.1% South West 301,248 -2.1% Wales 215,183 -1.8% West Midlands 251,139 1.5% Eastern England 238,755 -1.1% North West 168,240 -0.9% Northern Ireland 223,493 -0.4% Yorkshire and Humber 203,674 0.2% North East 186,856 0.2% Scotland 201,774 -0.1% Data compiled by Nationwide Building Society in June

History of this topic

Mapped: How much rents have gone up in your region as prices hit record high
5 days, 7 hours ago
£6,395 drop in average price tag on a home in December
1 week, 1 day ago
Homes in England cost 18.2 times incomes of lowest 10% of households on average
2 weeks ago
Average UK house price reached new record high of £298,083 in November – Halifax
2 weeks, 3 days ago
What’s really behind the surprise surge in house prices?
3 weeks ago
Surprise jump in house prices with fastest rise in two years - as experts warn they will continue to increase
3 weeks ago
National house prices losing steam
3 weeks ago
House prices rise just 0.1 per cent in weakest result since January 2023, CoreLogic data shows
3 weeks, 1 day ago
Annual house price growth accelerated in September – ONS
1 month ago
Average price tag on a home falls by more than £5,000 in November
1 month ago
How much house prices are predicted to go up by across the UK
Trending News
1 month, 2 weeks ago
Why house prices are starting to fall
1 month, 2 weeks ago
House price growth slows in October after September high
1 month, 3 weeks ago
‘Buyers’ market’ as property asking prices rise more slowly than usual
2 months ago
Annual house price growth accelerated in August ‘showing market holding strong’
2 months, 1 week ago
Average rent across the UK reaches record high
2 months, 1 week ago
House prices are rising across the UK for the first time in two years
2 months, 2 weeks ago
Housing market ‘is reviving’ amid growth in house prices and mortgage approvals
2 months, 3 weeks ago
Mapped: House prices grow to almost two-year high in September
2 months, 3 weeks ago
Fastest annual house price growth in around two years recorded in September
2 months, 3 weeks ago
House prices are on the rise – so why isn’t everyone happy?
3 months, 1 week ago
Annual house price growth increases at fastest rate since 2022
3 months, 3 weeks ago
The cities where homeowners are most likely to have seen their property value rise or fall
5 months ago
House prices up year-on-year for third month in a row in May
5 months ago
London house prices rise for first time in a year
5 months, 1 week ago
House prices likely to rise more slowly than household incomes, says Zoopla
5 months, 3 weeks ago
How house prices have changed in YOUR area: Interactive calculator reveals where property prices have risen and fallen most in the past year
7 months ago
House prices are falling, but what does the future hold for the market from here?
7 months, 2 weeks ago
Cost of privately renting homes rises by more than 9% in a year - the largest increase since records began - to an average of £1,246 per month to heap more cost-of-living pressure on families unable t
8 months ago
UK House Prices Decline for the First Time in Six Months
8 months, 2 weeks ago
House prices fell in March. Here’s why that shouldn’t surprise us
8 months, 3 weeks ago
UK homes have worst value for money in developed world: Study
8 months, 4 weeks ago
The areas that saw the biggest house price jumps and drops revealed
10 months, 1 week ago
London leads rebound in home buyer demand as 2024 gets under way, says Zoopla
10 months, 3 weeks ago
Average UK house price ended last year £4,800 higher than at end of 2022 – index
11 months, 2 weeks ago
London house prices more than double in 20 years since release of Love Actually
1 year ago
How LTNs can HAMMER your house price: Property values have plunged in areas where trendy eco-road blocks have been installed over last four years
1 year ago
House prices rise for the first time in six months, say Halifax - but are still lower than a year ago
1 year, 1 month ago
UK house prices ‘little changed’ from a year ago but rents show record rise
1 year, 2 months ago
UK house prices have proven more resilient than expected, says Halifax
1 year, 2 months ago
Rents ‘could rise four times as fast as house prices across the years ahead’
1 year, 3 months ago
Why are house prices falling?
1 year, 3 months ago
Home sales down 16% in July compared to same month last year, says HMRC
1 year, 3 months ago
Average home costs 8.4 times typical income in England, says ONS
1 year, 4 months ago
Average UK house price is £7,000 below peak seen last September
1 year, 5 months ago
A fall in house prices is bad news – especially for the Conservative Party
1 year, 5 months ago
House prices fall at fastest annual rate in 12 years as mortgage rates soar
1 year, 5 months ago
Buying or selling? How to deal with rising mortgage rates and falling house prices
1 year, 5 months ago
Average house price falls 3.5% as mortgage rates keep climbing
1 year, 5 months ago

Discover Related