Annual house price growth rises to 2.2%

house prices

ONS publishes latest figures on house prices, rents and inflation

House prices across the United Kingdom rose 2.2% in May year-on-year, according to the latest official Land Registry figures.

 The latest UK House Price Index, published today by the Office for National Statistics (ONS) shows the average property in the UK was valued at 281,000 in May, up 2.2% on the same period the previous year. This is also an increase from the 1.3% year-on-year increase recorded in April.

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