Transaction tax

House prices in April 2021


House prices

UK house prices rose 8.9% through April 2021, up from 9.9% in March 2021. On an unadjusted seasonal basis, average UK house prices fell 1.9% between March and April 2021, compared to a drop of 1.0% during the same period a year earlier (March and April 2020).

The Northeast posted the strongest growth in house prices. Prices rose 16.9% until April 2021. The lowest annual growth was recorded in London, where prices rose 3.3% until April 2021.

UK real estate transaction statistics showed that in April 2021, on a seasonally adjusted basis, the estimated number of residential property transactions worth £ 40,000 or more was 117,860. That’s 179.6% more than a year ago. Between March and April 2021, UK transactions declined 35.7% on a seasonally adjusted basis.

The summary of business conditions for Bank of England agents in the first quarter of 2021 indicated that contacts had indicated that the outlook for the housing market had improved, with activity being supported by the extension of the tax exemption. on real estate transactions and the Coronavirus Job Retention Scheme. Realtors have expressed concern about the shortage of properties for sale and said buyers appear less price sensitive than normal.

House price changes

Annual changes in house prices

Annual price change for the UK over the past 5 years:

Average UK house prices rose 8.9% in the year through April 2021, up from 9.9% in March 2021.

At the country level, the strongest annual growth in house prices through April 2021 was recorded in Wales, where house prices rose 15.6%.

Scotland saw house prices rise 6.3% through April 2021.

England saw house prices rise 8.9% through April 2021.

Northern Ireland saw house prices rise 6.0% in the year through the first quarter (January to March) 2021.

Average price by country and region of government office

Price, monthly variation and annual variation by country and region of government office

Price changes by country and government office region

On an unadjusted basis, average UK house prices fell 1.9% between March and April 2021, compared to a 1.0% drop in the same period a year earlier (March and April 2020). On a seasonally adjusted basis, average UK house prices fell by 2.2 between March and April 2021.

Average price per type of property

Average monthly price by type of property

Sales volume

The time between selling a property and recording this information varies. It usually varies between 2 weeks and 2 months but can be longer. The volume figures for the last 2 months are not yet at a reliable level for reporting, so they are not included in the report. Transactions published in the last few months will increase as transactions registered subsequently are included in the index.

Sales volume data is also available by ownership status (new construction and existing property) and financing status (cash and mortgage) in our downloadable data tables. Transactions involving the creation of a new ledger, such as new builds, are more complex and require more time to process. Read UK HPI Data Reviews for more information.

Number of sales volumes per country

Comparing the provisional volume estimate of February 2020 with the provisional estimate of February 2021, the volume of transactions increased by 31.7% in England, 25.5% in Scotland and 2.8% in Wales. . The volume of transactions in Northern Ireland increased by 41.8% during the year up to the 1st quarter of 2021.

UK real estate transaction statistics released by HM Revenue & Customs (whose coverage differs but is more comprehensive for this period) indicate that on an unadjusted basis, the volume of transactions increased by 50.0% in England , 22.6% in Scotland, 20.6% in Wales and 27.9% in Northern Ireland until February 2021.

UK sales volumes over the past 5 years

2017 to 2021 sales volumes by country: February

Note: The number of real estate transactions for February 2021 will increase as more transactions are included in the index. See our revisions policy for more information.

Comparing the provisional volume estimate for February 2020 with the provisional estimate for February 2021, UK volume transactions increased by 29.9% in the year through February 2021.

UK real estate transaction statistics released by HM Revenue & Customs (whose coverage differs but is more comprehensive for this period) indicate that, on an unadjusted basis, UK transaction volume increased by 46 , 1% during the year until February 2021.

Property status for the UK

Transactions involving the creation of a new ledger, such as new builds, are more complex and take longer to process. This means that they may take longer to appear in the land registers. The volume of new construction transactions for the past 2 months is not at a reliable level to signal the split between new construction and existing resold properties, so they are not included in the report.

New property and existing resale

Buyer Status for Great Britain

first-time buyer and former owner-occupant

Funding Status for Great Britain

Cash and mortgage


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