Index of average house prices in the UK 2024, by region
The UK regions that observed the highest house price growth as of June 2024 were North Ireland and North West, where the HPI measured over 160 index points. The house price index (HPI) is an easy way of illustrating trends in the house sales market. By using hedonic regression, the index models property price data for all dwellings and shows how much the price has changed since January 2015. An index value of 160 index points indicates a price increase of 60 percent since 2015.