Annual UK house prices grew by 1.7%, down from 1.9% in the same period last year.

The latest data from Hometrack shows UK house price increases ranging from a high of 5.1% in Glasgow to -0.5% in London.

London – slowest growth since 2012

In 2014 London was the fastest growing city, with house prices rising at an annual rate of 18%, compared to the current rate of -0.5%. In London, the average discount from the asking price has increased from just 1% in 2016 to 4.8% over 2018 and 5.7% today. 

Top 5 cities – annual growth

  1. Glasgow – 5.1%
  2. Leicester – 4.9%
  3. Liverpool – 4.9%
  4. Manchester – 4.5%
  5. Nottingham – 4.5%

20 City index headline results

Month3mth. change% year-on-yearAverage price
Nov-18-0.4%1.2%£251,100
Dec-18-0.3%1.2%£251,300
Jan-19-0.1%0.9%£251,200
Feb-190.4%0.9%£252,100
Mar-191.0%1.1%£253,800
Apr-191.8%1.7%£255,600

Discounts to asking price increase

House price increases