Average House Prices in the UK

When investing in property, it’s crucial to understand the house prices in the area you’re planning to invest in, how prices have changed over time, what prices are projected to do in the future and how prices differ between property types. This guide will look at the average house prices in the UK, in addition to breaking this down by country.

A number of factors impact average house prices in the UK. Because of this, it’s important to do your research and due diligence before making any investment decisions and choosing a location to buy in. Understanding house prices and growth projections in different locations can also help you pick the best location for you to invest in.

Overall, property prices can impact how much you can earn from your property investment. It naturally affects how much you will need to purchase a property in a specific area and helps determine what kind of property you can afford to buy in a certain location. 

Capital growth, which is the value by which house prices increase over time, provides property investors the opportunity to earn strong returns in the medium and long-term. While every investor hopes to earn capital growth with their investments, it’s important to not go into any investment banking on prices to rise in order to be able to turn a profit.

House prices fluctuate and can go up and down at any point. Overall, property values often continue to climb in the long-term. Because of that, if you invest with the long-term in mind, this will better place you and your investment to earn capital growth.

Here we have a number of graphs showing what the medium-term trend has been for average house prices in the UK. Country level information for England, Scotland, Wales and Northern Ireland has also been included below. The graphs are broken down by property type, including flats, terraced houses, semi-detached houses and detached houses.

Property prices in the United Kingdom

While there have been some dips in the medium and long-term, house prices in the UK have predominantly risen over time. There are often ups and downs along the way, but house prices are projected to increase even more in the long-term.

Check out the graphs above to see the average house prices in the UK over the years broken down by property type. This can provide a good introduction to the medium-term trend of house price growth in the UK.

Flat prices in the United Kingdom

The average flat price in the United Kingdom was £216,428 in 2021.

Price growth averaged 49.21% for flats in the United Kingdom for the period 2011-2021.

Chart of Flat Prices In United Kingdom

Flat Prices In United Kingdom

Flat prices in the United Kingdom source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 159,653 155,604 139,919 145,050 144,572 145,396 151,314 168,623 178,345 192,069 201,890 204,999 203,657 205,518 216,428

The average terraced house price in the United Kingdom was £211,807 in 2021.

Price growth averaged 52.95% for terraced houses in the United Kingdom for the period 2011-2021.

Chart of Terraced House Prices In United Kingdom

Terraced House Prices In United Kingdom

Terraced House prices in the United Kingdom source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 151,047 143,959 131,223 138,485 135,681 137,041 140,504 151,769 160,625 171,755 178,703 184,353 186,800 193,191 211,807

Semi-detached house prices in the United Kingdom

The average semi-detached house price in the United Kingdom was £248,314 in 2021.

Price growth averaged 52.84% for semi-detached houses in the United Kingdom for the period 2011-2021.

Chart of Semi-Detached House Prices In United Kingdom

Semi-Detached House Prices In United Kingdom

Semi-Detached House prices in the United Kingdom source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 176,331 167,844 153,251 162,471 159,503 160,112 163,609 175,294 185,543 198,199 207,327 215,511 219,046 226,241 248,314

Detached house prices in the United Kingdom

The average detached house price in the United Kingdom was £402,353 in 2021.

Price growth averaged 53.04% for detached houses in the United Kingdom for the period 2011-2021.

Chart of Detached House Prices In United Kingdom

Detached House Prices In United Kingdom

Detached House prices in the United Kingdom source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 279,790 266,642 244,842 262,903 259,856 258,588 263,766 281,336 298,362 318,314 333,398 345,896 350,048 361,465 402,353

Property prices in England

Overall, England has been home to some of the highest house prices out of any part of the UK. Check out the graphs above to see the average house prices in England over recent years.

Flat prices in England

The average flat price in England was £235,893 in 2021.

Price growth averaged 51.50% for flats in England for the period 2011-2021.

Graph of Flat Prices In England

Flat Prices In England

Flat prices in England source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 171,641 164,477 148,716 155,707 155,273 157,995 164,968 183,641 197,817 214,998 226,334 226,793 224,101 225,741 235,893

Terraced house prices in England

The average terraced house price in England was £225,806 in 2021.

Price growth averaged 56.11% for terraced houses in England for the period 2011-2021.

Chart of Terraced House Prices In England

Terraced House Prices In England

Terraced House prices in England source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 155,057 148,510 135,918 144,646 141,968 144,676 148,662 160,830 171,146 183,925 191,691 197,843 199,835 206,551 225,806

Semi-detached house prices in England

The average semi-detached house price in England was £261,981 in 2021.

Price growth averaged 56.26% for semi-detached houses in England for the period 2011-2021.

Chart of Semi-Detached House Prices In England

Semi-Detached House Prices In England

Semi-Detached House prices in England source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 179,052 171,618 157,192 167,660 164,843 166,736 170,815 183,641 195,471 210,014 219,991 228,421 231,551 239,099 261,981

Detached house prices in England

The average detached house price in England was £428,993 in 2021.

Price growth averaged 57.06% for detached houses in England for the period 2011-2021.

Chart of Detached House Prices In England

Detached House Prices In England

Detached House prices in England source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 284,962 275,659 252,810 273,134 270,913 271,789 278,068 297,594 317,760 340,934 358,127 371,218 374,530 386,357 428,993

There are naturally differences in property prices depending on the specific location in England you’re looking to invest in.

Property prices in Scotland

In recent years, Scotland has seen strong house price growth. On average, house prices have predominantly been lower than the house prices in England. Check out the graphs above to see what the average house prices in Scotland have been in the medium-term.

Flat prices in Scotland

The average flat price in Scotland was £120,728 in 2021.

Price growth averaged 23.59% for flats in Scotland for the period 2011-2021.

Graph of Flat Prices In Scotland

Flat Prices In Scotland

Flat prices in Scotland source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 106,068 105,206 98,971 97,681 95,436 91,304 91,026 94,671 98,672 99,496 103,732 108,015 109,590 111,419 120,728

Terraced house prices in Scotland

The average terraced house price in Scotland was £145,580 in 2021.

Price growth averaged 33.50% for terraced houses in Scotland for the period 2011-2021.

Graph of Terraced House Prices In Scotland

Terraced House Prices In Scotland

Terraced House prices in Scotland source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 111,112 112,791 106,996 109,051 106,933 104,360 105,081 110,183 114,353 115,638 117,713 123,670 126,428 130,731 145,580

Semi-detached house prices in Scotland

The average semi-detached house price in Scotland was £181,838 in 2021.

Price growth averaged 34.18% for semi-detached houses in Scotland for the period 2011-2021.

Graph of Semi-Detached House Prices In Scotland

Semi-Detached House Prices In Scotland

Semi-Detached House prices in Scotland source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 136,408 138,198 132,199 135,518 133,357 129,543 130,391 136,606 142,245 144,747 148,069 155,252 158,590 163,578 181,838

Detached house prices in Scotland

The average detached house price in Scotland was £304,042 in 2021.

Price growth averaged 35.92% for detached houses in Scotland for the period 2011-2021.

Graph of Detached House Prices In Scotland

Detached House Prices In Scotland

Detached House prices in Scotland source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 221,094 221,403 214,114 223,694 220,897 213,898 215,509 227,040 235,478 239,918 246,547 256,059 260,388 270,209 304,042

There are naturally differences in property prices depending on the specific location in Scotland you’re looking to invest in.

Property prices in Wales

Recently, house prices in Wales have been closely aligned to the averages for Scotland. Check out the graphs above to see the average house prices in Wales. You can then easily compare it to the graphs for Scotland above.

Flat prices in Wales

The average flat price in Wales was £125,493 in 2021.

Price growth averaged 30.73% for flats in Wales for the period 2011-2021.

Graph of Flat Prices In Wales

Flat Prices In Wales

Flat prices in Wales source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 113,790 107,789 97,763 95,996 94,022 92,859 92,863 97,537 100,109 104,476 110,058 112,829 115,048 116,046 125,493

Terraced house prices in Wales

The average terraced house price in Wales was £148,884 in 2021.

Price growth averaged 46.23% for terraced houses in Wales for the period 2011-2021.

Graph of Terraced House Prices In Wales

Terraced House Prices In Wales

Terraced House prices in Wales source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 114,916 108,483 99,671 101,816 99,512 99,654 99,933 105,129 107,617 112,276 116,319 121,655 126,751 131,803 148,884

Semi-detached house prices in Wales

The average semi-detached house price in Wales was £184,685 in 2021.

Price growth averaged 48.17% for semi-detached houses in Wales for the period 2011-2021.

Graph of Semi-Detached House Prices In Wales

Semi-Detached House Prices In Wales

Semi-Detached House prices in Wales source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 138,312 131,112 120,858 124,642 122,258 121,961 122,886 129,259 133,001 138,613 144,565 151,736 157,987 164,158 184,685

Detached house prices in Wales

The average detached house price in Wales was £291,982 in 2021.

Price growth averaged 47.56% for detached houses in Wales for the period 2011-2021.

Graph of Detached House Prices In Wales

Detached House Prices In Wales

Detached House prices in Wales source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 214,891 205,040 190,324 197,871 194,616 192,787 193,397 202,450 208,827 217,025 227,145 237,748 246,589 255,809 291,982

There are naturally differences in property prices depending on the specific location in Wales you’re looking to invest in.

Property prices in Northern Ireland

Northern Ireland has historically had lower house prices than the rest of the UK. Check out the graphs above to see the medium-term trends for average house prices in Northern Ireland.

Flat prices in Northern Ireland

The average flat price in Northern Ireland was £117,721 in 2021.

Price growth averaged 4.34% for flats in Northern Ireland for the period 2011-2021.

Graph of Flat Prices In Northern Ireland

Flat Prices In Northern Ireland

Flat prices in Northern Ireland source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 176,130 155,717 122,764 112,822 96,758 81,340 75,483 83,317 91,287 99,368 103,354 107,799 109,737 111,871 117,721

Terraced house prices in Northern Ireland

The average terraced house price in Northern Ireland was £110,036 in 2021.

Price growth averaged 21.08% for terraced houses in Northern Ireland for the period 2011-2021.

Graph of Terraced House Prices In Northern Ireland

Terraced House Prices In Northern Ireland

Terraced House prices in Northern Ireland source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 159,300 128,747 103,476 90,877 77,508 67,993 66,380 72,686 78,612 85,196 88,409 93,836 96,703 101,178 110,036

Semi-detached house prices in Northern Ireland

The average semi-detached house price in Northern Ireland was £149,571 in 2021.

Price growth averaged 19.05% for semi-detached houses in Northern Ireland for the period 2011-2021.

Graph of Semi-Detached House Prices In Northern Ireland

Semi-Detached House Prices In Northern Ireland

Semi-Detached House prices in Northern Ireland source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 200,277 166,003 132,287 125,641 112,426 101,795 98,665 106,006 113,427 119,175 124,063 128,732 134,405 138,810 149,571

Detached house prices in Northern Ireland

The average detached house price in Northern Ireland was £234,772 in 2021.

Price growth averaged 17.50% for detached houses in Northern Ireland for the period 2011-2021.

Chart of Detached House Prices In Northern Ireland

Detached House Prices In Northern Ireland

Detached House prices in Northern Ireland source: UK House Price Index
Year 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Average Price 304,965 253,138 203,634 199,806 178,665 159,083 156,041 164,692 174,824 184,841 191,124 199,005 205,465 213,288 234,772

Our average house price analysis is based on data published by the Office of National Statistics. Graphs were produced by and are the copyright of the Property Investor Academy.

We hope you found the above graphs useful. This data can be a guide to help you track what the average house prices in the UK have been in recent years.

For more helpful insights on the UK property market, check out the articles available on our website. Our resources can help you make more informed decisions on your property investments and allow you to increase your knowledge of the industry. We have a range of guides, in addition to buy-to-let mortgage and rental yield calculators, completely free to access with no signup required.

Peter D Doherty

Peter D Doherty is the founder of the Property Investor Academy.

A Masters graduate in accounting and finance from Dublin City University, Pete worked in the City of London for 14 years. He held senior finance roles (Financial Controller) in several substantial UK commercial banks. He is a graduate of Macquarie University.

With over 10 years property investing experience, he is the owner of a London based lettings agency as well as proptech consultancy. He regularly contributes to online landlord forums such as Propertytribes and Reddit.  Peter is a member of National Residential Landlords Association (“NRLA”).

https://uk.linkedin.com/in/peter-doherty-tal
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