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

House prices in Warwickshire have risen 8.3% in a year, higher than the national average.
House prices continue to rise.House prices continue to rise.
House prices continue to rise.

Data from the Office of National Statistics shows that the average house price in Warwickshire is £248,056, compared to £233,673 in 2016, £193,470 in 2007 and £68,356 in 1997.

In the Rugby Borough the average house price is £228,281, compared to £211,981 in 2016 and £61,795 in 1997.

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In comparison the Warwick District’s average house price is £304,580 and in 2016 the average was £291,288 and in 1997 the average was £79,397.

In the Stratford District the average house price is £328,551, compared to £306,878 in 2016 and £90,874 in 1997.

In North Warwickshire the average house price is £205,203, compared to £192,617 in 2016 and £59,336 in 1997.

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.

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England 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.

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Bridgend 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.

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Prices 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%