The price of existing dwelling units in Great Britain significantly grew between 1990 and 2023. The simple average price of existing homes amounted to 335,000 British pounds in 2023. That was a decrease of 11,000 British pounds from a year ago, when prices were are their peak.
Simple average house price for existing dwellingsin Great Britain from 1990 to 2023
(in GBP)
Characteristic
Price in British pounds
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Data up to and including 2002 are from 5% sample. Data from 2003 are based on a significantly enhanced sample size. Data from September 2005 are collected via the Regulated Mortgage Survey. 2005 data are based on combined data from the Survey of Mortgage Lenders and the Regulated Mortgage Survey. As of 2015, data to the nearest thousand GBP.
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Office for National Statistics (UK). (March 20, 2024). Simple average house price for existing dwellingsin Great Britain from 1990 to 2023 (in GBP)
[Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/233025/price-of-existing-dwellings-in-great-britain/
Office for National Statistics (UK). "Simple average house price for existing dwellingsin Great Britain from 1990 to 2023 (in GBP)
." Chart. March 20, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/233025/price-of-existing-dwellings-in-great-britain/
Office for National Statistics (UK). (2024). Simple average house price for existing dwellingsin Great Britain from 1990 to 2023 (in GBP)
. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/233025/price-of-existing-dwellings-in-great-britain/
Office for National Statistics (UK). "Simple Average House Price for Existing Dwellingsin Great Britain from 1990 to 2023 (in Gbp)
." Statista, Statista Inc., 20 Mar 2024, https://www.statista.com/statistics/233025/price-of-existing-dwellings-in-great-britain/
Office for National Statistics (UK), Simple average house price for existing dwellingsin Great Britain from 1990 to 2023 (in GBP)
Statista, https://www.statista.com/statistics/233025/price-of-existing-dwellings-in-great-britain/ (last visited August 25, 2024)
Simple average house price for existing dwellingsin Great Britain from 1990 to 2023 (in GBP)
[Graph], Office for National Statistics (UK), March 20, 2024. [Online]. Available: https://www.statista.com/statistics/233025/price-of-existing-dwellings-in-great-britain/