Liverpool and Belfast, the most affordable UK cities, have seen the fastest house price growth, with annual increases of 5.0% and 4.6% respectively.

The average house price in the UK now stands at £256,200.

The latest data from Hometrack shows UK house price increases ranging from a high of 5.0% in Liverpool to -4.2% in Aberdeen, with average annual house prices growing by 1.8%, an increase from 1.5% in the same period last year.

Price growth weakens across southern England

In 2014 London was the fastest growing city, with house prices rising at an annual rate of 18%, compared to the current rate of -0.4%. House prices continue to fall in London and Cambridge while the rate of growth weakens across southern England.

Top 5 cities – annual growth

  1. Liverpool – 5.0%
  2. Belfast – 4.6%
  3. Nottingham – 4.5%
  4. Leicester – 4.5%
  5. Manchester – 4.3%

20 City index headline results

Month3mth. change% year-on-yearAverage price
Dec-18-0.3%1.3%£251,300
Jan-19-0.2%1.3%£251,200
Feb-19-0.0%1.0%£251,600
Mar-190.5%1.0%£252,500
Apr-191.4%1.5%£254,800
May-191.8%1.8%£256,200

House price increases