UK house price trends: how Bucks compares with the rest of the country

House prices in Aylesbury are up nearly 6%
House prices in Aylesbury are up nearly 6%

House prices in Buckinghamshire have risen 5.9% in a year, higher than the national average.

Data from the Office of National Statistics shows that the average house price in Bucks is £417,293, compared to £394,008 in 2016 and £83,286 in 1995. That’s a increase of 400% in 22 years.

The average house price has increased to over 400,000 in our area

The average house price has increased to over 400,000 in our area

An increase of 5.9% represents a smaller rise than in previous years: between 2015 and 2016, house prices in the area rose by 13%, and the year before that it was 9.58%.

The general trend of rising house prices is continuing, with the average UK property reaching £226,367 in September, an increase of 5.4% annually.

England continues to see the biggest price increase compared to the rest of the UK, with house prices increasing by 5.7% over the year to September, reaching £243,945 on average.

The area showing the largest annual growth was Hinckley and Bosworth in Leicestershire, where house prices swelled by 15.9% to reach £215,137 on average.

The lowest annual growth was recorded in Halton, Cheshire, where average prices fell by 5.2%. The City of London meanwhile has seen a drop of 1.7%.

Wales saw average house prices increase by 5.3% over the previous 12 months to reach £152,661.

Bridgend has seen a 7.9% increases in their average house prices, to reach £147,168.

Carmarthenshire saw the slowest growth, a -2.0% fall to see average house prices of £133,357.

Scottish house prices however dropped by 1.3% on average in September compared to August, but they remain up by 3.1% for the year.

The Shetland Islands saw the largest increase in Scotland, recording a rise of 9.0% to £154,149. The market in Edinburgh remains strong, with the average price rising 10.4% to £248,702.

Prices in the City of Aberdeen continue to decrease, with the average property now costing £165,275, down 3.5% on last year.

The average price in Northern Ireland stands at £132,169, an increase of 6% over the year.

The UK House Price Index (UK HPI) is calculated by the Office for National Statistics and Land & Property Services Northern Ireland.

Full data is available via the ONS.

Average prices/annual change:
England: £243,945 / 5.7%
Scotland: £144,924 / 3.1%
Wales: £152,661 / 5.3%
Northern Ireland: £128,650 / 6.0%

House prices by city:
Aberdeen: £165,275 / -3.5%
Bristol: £282,125 / 7.2%
Birmingham: £175,801 / 6.3%
Bradford: £137,689 / 4.7%
Brighton and Hove: £365,695 / 4.8%
Cardiff: £195,774 / 2.7%
Coventry: £180,167 / 10.0%
Dundee: £126,454 / 6.2%
Edinburgh: £248,702 / 9.0%
Glasgow: £125,489 / 5.8%
Hull: £111,208 / 7.4%
Leeds: £175,617 / 3.0%
Leicester: £162,142 / 8.1%
Liverpool: £127,945 / 6.0%
London: £767,108 / -1.7%
Manchester: £170,020 / 9.3%
Newcastle upon Tyne: £164,985 / 4.2%
Peterborough: £185,362 / 9.5%
Plymouth: £174,140 / 5.4%
Portsmouth: £207,630 / 8.2%
Preston: £130,647 / 4.3%
Salford: £157,710 / 5.9%
Sheffield: £161,025 / 5.9%
Sunderland: £118,276 / 5.6%
Wakefield: £144,572 / 5.7% York: £246,261 / 4.7%


A version of this story originally appeared on inews.co.uk