Last updated: December 17, 2014 12:19 pm

LSL Acadametrics House Price Index – November 2014

A pedestrian passes a row of residential houses in the Wandsworth district of London, U.K., on Monday, March 4, 2013. Central London luxury-home prices unexpectedly rose at the fastest pace in 10 months in February as the British pound's depreciation helped attract international investors, Knight Frank LLP said.©Bloomberg

Average UK house prices rose by 11.3 per cent in the year to November, according to the LSL Property Services/Acadata House Price Index.

The average UK house price was £280,733, a monthly change of 0.8 per cent.

David Newnes, director of Reeds Rains and Your Move estate agents, comments: “Annual house price growth across England and Wales has more than doubled over the last 12 months, accelerating from 5.4 per cent in November 2013, to 11.3 per cent during the past year. This is strongest rate of annual growth seen for almost a decade, and the considerable £28,560 uplift in values over the 12 months to November 2014 has pushed the average price of a home in England and Wales above £280,000 for the first time.

“These figures are spurred on by London and the South-east, where the housing recovery has been fast-tracked. When these regions are removed from the calculations, a calmer 5.7 per cent annual rise in house prices materialises, the largest divergence on record.

“After a temporary hiatus at the highest tiers of the property market, growth has rallied again in the capital – with values in prime spots such as Kensington and Chelsea, and Hammersmith and Fulham surging 5.3 per cent over the course of the month, hitting new price records along the way.”

Regional house prices LSL Acadata, November 2014
County / unitary authority / region Oct-13 Sep-14 Oct-14 monthly change annual change
Cambridgeshire                         253,200 268,116 268,502 0.1% 6.0%
City of Peterborough                   156,859 168,867 168,823 0.0% 7.6%
Norfolk                                191,697 203,126 203,848 0.4% 6.3%
Suffolk                                205,662 225,761 228,882 1.4% 11.3%
 EAST ANGLIA      210,018  225,040  226,354  0.6%  7.8%
City of Derby                          143,621 155,930 155,933 0.0% 8.6%
City of Nottingham                     120,406 133,102 136,780 2.8% 13.6%
Derbyshire                             161,688 169,432 168,555 -0.5% 4.2%
Leicester                              147,638 148,930 148,841 -0.1% 0.8%
Leicestershire                         188,817 206,002 205,756 -0.1% 9.0%
Lincolnshire                           160,062 167,039 168,412 0.8% 5.2%
Northamptonshire                       186,957 199,711 199,145 -0.3% 6.5%
Nottinghamshire                        157,689 167,429 168,616 0.7% 6.9%
Rutland                                269,519 288,268 272,851 -5.3% 1.2%
 EAST MIDLANDS    166,495  177,030  177,248  0.1%  6.5%
Kensington and Chelsea                 1,592,113 1,970,693 2,076,117 5.3% 30.4%
City of Westminster                    1,253,224 1,533,773 1,598,519 4.2% 27.6%
City of London                         754,472 984,584 989,744 0.5% 31.2%
Hammersmith and Fulham                 800,648 939,768 989,165 5.3% 23.5%
Camden                                 810,874 993,498 987,418 -0.6% 21.8%
Richmond upon Thames                   653,965 753,910 784,293 4.0% 19.9%
Wandsworth                             644,023 741,944 749,304 1.0% 16.3%
Islington                              582,579 682,050 692,303 1.5% 18.8%
Merton                                 478,417 614,528 635,166 3.4% 32.8%
Barnet                                 507,904 568,852 572,524 0.6% 12.7%
Haringey                               481,576 550,263 556,697 1.2% 15.6%
Southwark                              448,260 558,853 553,526 -1.0% 23.5%
Lambeth                                472,259 531,192 545,861 2.8% 15.6%
Hackney                                457,302 534,912 541,475 1.2% 18.4%
Ealing                                 440,716 520,164 523,630 0.7% 18.8%
Kingston upon Thames                   426,412 513,249 520,048 1.3% 22.0%
Hounslow                               422,402 461,155 477,523 3.5% 13.0%
Brent                                  449,835 470,677 472,888 0.5% 5.1%
Tower Hamlets                          406,796 439,973 445,220 1.2% 9.4%
Bromley                                373,047 426,243 431,378 1.2% 15.6%
Harrow                                 383,691 420,955 424,545 0.9% 10.6%
Lewisham                               315,190 381,942 384,224 0.6% 21.9%
Waltham Forest                         291,162 365,594 370,407 1.3% 27.2%
Enfield                                319,364 363,848 368,634 1.3% 15.4%
Hillingdon                             311,607 365,156 367,402 0.6% 17.9%
Greenwich                          344,178 377,480 367,326 -2.7% 6.7%
Redbridge                              318,876 361,061 359,101 -0.5% 12.6%
Sutton                                 295,463 348,349 351,570 0.9% 19.0%
Croydon                                280,688 327,944 330,408 0.8% 17.7%
Havering                               258,266 300,703 301,935 0.4% 16.9%
Newham                                 236,006 288,701 291,627 1.0% 23.6%
Bexley                                 243,094 281,058 282,949 0.7% 16.4%
Barking and Dagenham                   184,580 216,016 218,308 1.1% 18.3%
  GREATER LONDON                          492,274  577,821  589,062  1.9%  19.7%
Cumbria                                164,446 169,610 170,084 0.3% 3.4%
Darlington                             144,672 142,378 143,209 0.6% -1.0%
Durham                                 117,974 122,839 123,077 0.2% 4.3%
Hartlepool                             120,180 128,768 128,471 -0.2% 6.9%
Middlesbrough                          113,311 120,157 116,504 -3.0% 2.8%
Northumberland                         172,491 174,383 174,380 0.0% 1.1%
Redcar and Cleveland                   129,331 126,029 129,775 3.0% 0.3%
Stockton-on-Tees                       147,021 145,287 146,707 1.0% -0.2%
Tyne and Wear                          142,999 149,058 150,578 1.0% 5.3%
 NORTH            144,227  148,349  149,114  0.5%  3.4%
Blackburn with Darwen                  105,518 110,068 111,573 1.4% 5.7%
Blackpool                              102,517 109,727 108,492 -1.1% 5.8%
Cheshire                               215,611 225,503 230,499 2.2% 6.9%
Greater Manchester                     153,589 160,838 160,530 -0.2% 4.5%
Halton                                 143,841 148,359 147,871 -0.3% 2.8%
Lancashire                             151,759 155,494 156,337 0.5% 3.0%
Merseyside                             143,597 148,548 150,517 1.3% 4.8%
Warrington                             185,285 191,374 190,829 -0.3% 3.0%
 NORTH WEST       158,230  164,559  165,578  0.6%  4.6%
Bedfordshire                           229,653 245,436 248,326 1.2% 8.1%
Bracknell Forest                       291,500 318,668 322,903 1.3% 10.8%
Brighton and Hove                      305,958 333,738 334,348 0.2% 9.3%
Buckinghamshire                        367,045 407,101 410,360 0.8% 11.8%
East Sussex                            248,144 272,133 274,888 1.0% 10.8%
Essex                                  254,911 276,087 277,004 0.3% 8.7%
Hampshire                              276,025 298,030 300,072 0.7% 8.7%
Hertfordshire                          338,249 380,708 387,594 1.8% 14.6%
Isle of Wight                          203,203 207,571 205,800 -0.9% 1.3%
Kent                                   248,139 275,264 275,372 0.0% 11.0%
Luton                                  165,331 182,488 182,604 0.1% 10.4%
Medway                                 181,452 198,210 200,205 1.0% 10.3%
Milton Keynes                          216,991 236,930 241,637 2.0% 11.4%
Oxfordshire                            327,041 353,678 355,617 0.5% 8.7%
Portsmouth                             171,079 189,806 188,862 -0.5% 10.4%
Reading                                237,452 272,847 270,393 -0.9% 13.9%
Slough                                 221,515 261,820 262,587 0.3% 18.5%
Southampton                            177,873 195,605 199,500 2.0% 12.2%
Southend-on-sea                        220,706 245,468 250,789 2.2% 13.6%
Surrey                                 423,323 470,357 473,272 0.6% 11.8%
Thurrock                               192,276 215,862 217,260 0.6% 13.0%
West Berkshire                         308,929 351,335 352,701 0.4% 14.2%
West Sussex                            284,998 316,598 316,117 -0.2% 10.9%
Windsor and Maidenhead                 450,269 535,328 541,992 1.2% 20.4%
Wokingham                              335,740 390,745 383,730 -1.8% 14.3%
 SOUTH EAST       289,091  319,161  321,169  0.6%  11.1%
Bath and North east somerset           304,504 333,813 335,397 0.5% 10.1%
Bournemouth                            222,855 248,864 247,688 -0.5% 11.1%
City of Bristol                        218,597 248,760 249,920 0.5% 14.3%
City of Plymouth                       160,770 169,961 171,308 0.8% 6.6%
Cornwall                               222,428 230,247 233,239 1.3% 4.9%
Devon                                  237,473 251,611 251,479 -0.1% 5.9%
Dorset                                 267,732 281,396 282,091 0.2% 5.4%
Gloucestershire                        236,613 250,356 249,465 -0.4% 5.4%
North Somerset                         226,041 245,453 250,019 1.9% 10.6%
Poole                                  321,101 314,248 317,197 0.9% -1.2%
Somerset                               208,936 218,899 219,163 0.1% 4.9%
South Gloucestershire                  218,654 234,584 237,593 1.3% 8.7%
Swindon                                171,466 183,881 184,624 0.4% 7.7%
Torbay                                 180,644 188,845 186,519 -1.2% 3.3%
Wiltshire                              250,465 257,800 258,727 0.4% 3.3%
 SOUTH WEST       230,879  244,749  245,623  0.4%  6.4%
Blaenau Gwent                          80,411 87,999 88,980 1.1% 10.7%
Bridgend                               143,727 144,053 146,214 1.5% 1.7%
Caerphilly                             126,962 128,528 127,700 -0.6% 0.6%
Cardiff                                196,521 198,904 201,981 1.5% 2.8%
Carmarthenshire                        141,396 149,842 153,317 2.3% 8.4%
Ceredigion                             177,873 177,672 179,681 1.1% 1.0%
Conwy                                  163,490 171,203 172,263 0.6% 5.4%
Denbighshire                           151,151 150,040 146,687 -2.2% -3.0%
Flintshire                             158,980 162,739 168,175 3.3% 5.8%
Gwynedd                                161,257 157,170 160,631 2.2% -0.4%
Isle of Anglesey                       157,205 169,110 171,548 1.4% 9.1%
Merthyr Tydfil                         105,856 105,444 107,342 1.8% 1.4%
Monmouthshire                          216,349 242,033 244,712 1.1% 13.1%
Neath Port Talbot                      110,365 113,098 110,807 -2.0% 0.4%
Newport                                152,353 157,771 155,712 -1.3% 2.2%
Pembrokeshire                          171,699 176,346 177,613 0.7% 3.4%
Powys                                  179,458 185,807 188,688 1.6% 5.1%
Rhondda Cynon taff                     110,308 114,840 114,226 -0.5% 3.6%
Swansea                                150,528 154,826 158,978 2.7% 5.6%
The Vale of Glamorgan                  210,023 211,698 209,485 -1.0% -0.3%
Torfaen                                132,040 142,705 143,564 0.6% 8.7%
Wrexham                                152,215 149,647 150,488 0.6% -1.1%
 WALES            156,885  161,144  162,594  0.9%  3.6%
Herefordshire                          223,387 228,341 230,295 0.9% 3.1%
Shropshire                             201,232 216,492 212,993 -1.6% 5.8%
Staffordshire                          174,373 181,917 182,066 0.1% 4.4%
Stoke-on-Trent                         98,173 99,839 99,313 -0.5% 1.2%
Warwickshire                           225,993 238,350 238,089 -0.1% 5.4%
West Midlands                          159,798 167,429 168,257 0.5% 5.3%
Worcestershire                         208,137 222,820 224,173 0.6% 7.7%
Wrekin                                 153,666 159,653 161,873 1.4% 5.3%
 WEST MIDLANDS    178,381  187,513  187,930  0.2%  5.4%
City of Kingston upon Hull             102,059 102,775 103,338 0.5% 1.3%
East Riding of Yorkshire               166,273 167,874 169,023 0.7% 1.7%
North east Lincolnshire                120,453 126,853 123,920 -2.3% 2.9%
North Lincolnshire                     132,676 138,284 138,564 0.2% 4.4%
North Yorkshire                        217,327 223,516 224,997 0.7% 3.5%
South Yorkshire                        141,153 145,567 145,933 0.3% 3.4%
West Yorkshire                         154,472 157,397 157,785 0.2% 2.1%
York                                   211,476 223,809 224,338 0.2% 6.1%
YORKS & HUMBER   160,152  164,347  164,849  0.3%  2.9%
 ALL ENGLAND & WALES  250,952  275,907  278,456  0.9%  11.0%

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