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June 2019 House Price Update

UK Housing Price and Market Update for June 2019


Monthly Change

- 0.1%


Quarterly Change

+ 0.4%


Annual Change

+ 0.5%


Average Price Paid

£216,515


  • Price growth remained below 1% for the seventh consecutive month.

  • Buyer enquiries and consumer confidence remain subdued, however number of mortgages approved has remained, on the whole, stable.

  • It is thought that trends in the housing market will continue to mirror developments in wider economic conditions over the coming months.

  • Price decline in London slowed in the last quarter to -0.7%. Prices in the capital remain at only around -5% from all time highs.

  • The quarter sees an average house price growth of 2.1% across the North of England.

  • Yorkshire & Humberside reporting best performance of the North of England seeing prices rise 3% in Q2.

Source of UK Property Price Data ‘Annual Change’, ‘Quarterly Change’, ‘Monthly Change’, ‘Average Price’ and ‘Average Mortgage Rates’ - Nationwide House Price Index.

Please note that the use of the above information and commentary is subject to both the Nationwide Legal Terms (https://www.nationwide.co.uk/about/house-price-index/headlines) and also where applicable, the Terms and Conditions found on our website www.resonateproperty.co.uk.

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