Inflation-adjusted house prices in the United Kingdom (UK), continued to decline in the second quarter of 2023 - a trend that started in the fourth quarter of 2022. The nominal house price grew by 1.77 percent in the second quarter of 2023, but when adjusted for inflation, there was a decline of 6.15 percent.
Percentage change on previous year of residential property prices in the United Kingdom from 1st quarter 2001 to 2nd quarter 2023
Characteristic
Nominal change
Inflation-adjusted change
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Bank for International Settlements. (November 30, 2023). Percentage change on previous year of residential property prices in the United Kingdom from 1st quarter 2001 to 2nd quarter 2023 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1149444/annual-house-price-change-in-the-uk/
Bank for International Settlements. "Percentage change on previous year of residential property prices in the United Kingdom from 1st quarter 2001 to 2nd quarter 2023." Chart. November 30, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1149444/annual-house-price-change-in-the-uk/
Bank for International Settlements. (2023). Percentage change on previous year of residential property prices in the United Kingdom from 1st quarter 2001 to 2nd quarter 2023. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1149444/annual-house-price-change-in-the-uk/
Bank for International Settlements. "Percentage Change on Previous Year of Residential Property Prices in The United Kingdom from 1st Quarter 2001 to 2nd Quarter 2023." Statista, Statista Inc., 30 Nov 2023, https://www.statista.com/statistics/1149444/annual-house-price-change-in-the-uk/
Bank for International Settlements, Percentage change on previous year of residential property prices in the United Kingdom from 1st quarter 2001 to 2nd quarter 2023 Statista, https://www.statista.com/statistics/1149444/annual-house-price-change-in-the-uk/ (last visited August 25, 2024)
Percentage change on previous year of residential property prices in the United Kingdom from 1st quarter 2001 to 2nd quarter 2023 [Graph], Bank for International Settlements, November 30, 2023. [Online]. Available: https://www.statista.com/statistics/1149444/annual-house-price-change-in-the-uk/