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


Data from the Office of National Statistics shows the average house price in the district in September was £297,451, compared to £289,996 12 months ago and £59,385 in 1995. That is a increase of 500% in 22 years.
In South Northamptonshire district, the average property was worth £324,439 in September, and house prices have risen by 9.57% since 2016.
Advertisement
Hide AdAdvertisement
Hide AdWhile house prices in Stratford-on-Avon district have increased by 11.88% annually and the average home was worth £328,551.
West Oxfordshire district’s average house was £325,171 with an annual increase of 3.85%.
In Oxfordshire as a whole, house prices went up by 4% compared to last year with the average property costing £361,569.
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.
Advertisement
Hide AdAdvertisement
Hide AdEngland 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.
Advertisement
Hide AdAdvertisement
Hide AdBridgend 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.
Advertisement
Hide AdAdvertisement
Hide AdPrices 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