First-time buyer house price in the UK 2015-2023, by region

Published by Statista Research Department, Feb 15, 2024

The average house price for first-time homebuyers in the United Kingdom (UK) was 288,000 British pounds in 2023, down from 302,000 British pounds the year before. Most regions experienced a slight decline in 2023. The South East and London were the most expensive regions to buy a home, with the average house prices was 353,724 British pounds and, 492234 British pounds, respectively.

First-time buyer average house price in the United Kingdom (UK) from 2015 to 2023, by region (in GBP)

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Release date

January 2024

Region

United Kingdom

Survey time period

2018 to 2023

Supplementary notes

House price are simple arithmetic ('crude') averages.

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