Trends in house prices and affordability in the UK.Jump to full report >>
The average UK property price increased from £210,872 to £226,185 in the year to July 2017, a 5.1% increase.
The largest increases in house prices were in the East Midlands (7.5%), East of England (7.1%) and South West (7.0%). London saw the smallest increase (2.8%).
In 2016, the ratio of median house prices to median earnings was 7.6, a new high. The ratio of lower-quartile house prices to lower-quartile earnings was 7.0.
The UK House Price Index is produced by the Land Registry and the Office for National Statistics. Alternative measures of house prices include indices from Nationwide, Halifax and the Royal Institute of Chartered Surveyors.