Property prices in United Kingdom

Explore Property Prices In Your Area

Find out how property prices are changing in your local area and across the United Kingdom

Latest prices in United Kingdom for Semi-Detached properties

The latest figures show that the average price for a Semi-Detached property in United Kingdom has now reached £281,907 as of Jul 2024. This value is based upon the average value of completed property transactions in the month of July.

Average prices for a Semi-Detached property have increased substantially over the longer term in United Kingdom. Back in January 2005, prices for this type of property averaged £145,913 based on sales at the time. Fast forward to January 2024, and averages reached £269,726 - representing a growth of 85% over 19 years.

This substantial double-digit percentage rise in Semi-Detached property values far outpaced broader inflation over the same period. Rising household incomes, strong local economy, high demand and constrained supply all likely contributed to the steep price inflation seen for Semi-Detached homes in United Kingdom over the past 2 decades.

Our data is sourced directly from HM Land Registry and their UK House Price Index report. This dataset is updated several times a year and we always attempt to have the most up to data information available.

The UK HPI uses sales data collected on residential housing transactions, whether for cash or with a mortgage. Properties have been included in England and Wales since January 1995, in Scotland since January 2004, and in Northern Ireland since January 2005, Data is available at a national and regional level, as well as counties, local authorities and London boroughs.

Cited from HM Land Registry

Semi-Detached prices in United Kingdom over the last 12 months

DatePrice
Aug 2023£283,991
Sep 2023£281,558
Oct 2023£281,302
Nov 2023£276,718
Dec 2023£274,813
Jan 2024£269,726
Feb 2024£271,519
Mar 2024£271,830
Apr 2024£274,707
May 2024£279,554
Jun 2024£280,837
Jul 2024£281,907

Recent trends for prices in United Kingdom

The latest figures from July 2024 indicate the property market in United Kingdom continues to show rising price trends. Compared to June, 2024, average prices increased by 0.6% to £289,723. On an annual basis, average property prices have increased 2.2% since 12 months ago.

In terms of sales activity, there were 42319 residential property transactions completed in United Kingdom during July, 2024. Of these purchases, were financed with a mortgage while were all-cash sales. For cash buyers, average prices have changed by % since June, 2024, coming in at around £0. For properties purchased with a mortgage, the average price changed by % since June, 2024, to £0.

Average price in United Kingdom by housing type

Prices last recorded in July, 2024

average

£289,723

detached

£443,180

flat

£235,537

semi-detached

£281,907

terraced

£239,524

Recent purchases in United Kingdom

According to data from HM Land Registry, there were 42319 completed property purchases in the area of United Kingdom in July 2024. Of these sales, were recorded as cash purchases whilst were purchased using a mortgage. Compared to this time 12 months ago, the percentage of properties purchased using a mortgage has changed by % and the percentage of properties purchased with cash has changed by %.

The number of cash and mortgage purchases may not match the recorded number due to exclusions listed on the gov.uk website

Looking for a specific property type?

Use one of the following links to find more specific information about the type of property you're looking for in united-kingdom.

All property prices in united-kingdom

Detached property prices in united-kingdom

Terraced property prices in united-kingdom

Flat & Apartment property prices in united-kingdom

First Time Buyer prices in united-kingdom

Latest Blog posts

Latest updates on the housing market, local prices in your area, and where house prices could go next.

Post cover for blog titled Everything You Need to Know About Ground Rent: A Comprehensive Guide

Everything You Need to Know About Ground Rent: A Comprehensive Guide

Ground rent is a common aspect of home ownership in England and Wales, yet it remains poorly understood by many homeowners and property buyers. When you purchase a leasehold prop...

Posted on Nov 9th, 2023
Post cover for blog titled What's the difference between freehold and leasehold?

What's the difference between freehold and leasehold?

When purchasing property in the UK, buyers will inevitably encounter the terms 'freehold' and 'leasehold'. These refer to the two predominant forms of property ownership in the c...

Posted on Nov 7th, 2023
Post cover for blog titled  How Much Deposit Do You Really Need to Purchase a Home in the UK?

How Much Deposit Do You Really Need to Purchase a Home in the UK?

For most homebuyers, the deposit is one of the biggest obstacles to purchasing a home. Saving enough for a deposit on a house can take years of disciplined saving and budgeting....

Posted on Nov 6th, 2023
Post cover for blog titled UK property price update for September 2023

UK property price update for September 2023

The housing market in the United Kingdom has seen significant changes over the past few years. Most notably, house prices have started to decline after hitting record highs in mi...

Posted on Sep 7th, 2023
Post cover for blog titled Who is considered a first time buyer in the UK?

Who is considered a first time buyer in the UK?

For many people, owning their own home is a major life goal and source of pride. However, getting onto the property ladder can be extremely difficult these days, especially for p...

Posted on Aug 18th, 2023
Post cover for blog titled Canary Wharf Apartment Prices: How High Will They Go in 2023?

Canary Wharf Apartment Prices: How High Will They Go in 2023?

Canary Wharf is located in East London, part of the Isle of Dogs in the borough of Tower Hamlets. It sits within London's Zone 2, just east of the City of London financial distri...

Posted on Aug 11th, 2023

We use cookies to enhance your website experience. Cookies allow us to remember your preferences, analyze site usage to improve our services, and provide relevant content tailored to your interests.