UPDATED

Gov.uk House Price Index shows a market starting to turn

NEWS
COMMENTARY
GUIDE

We give market commentary when journalists or news outlets approach us directly for comment on specific topics. We share our commentary here too. See below.

Main takeaways from today’s House Price release: The average price of a property in the UK was £250,772. House prices are 8.9% higher today than they were a year ago. House prices have dropped 1.9% in the last month. House prices are 31.5% higher than they were in January 2015

Commentary: Gov.UK House Price Release for June 2021

"

Main takeaways from today’s House Price release:

  • The average price of a property in the UK was £250,772
  • House prices are 8.9% higher today than they were a year ago
  • House prices have dropped 1.9% in the last month
  • House prices are 31.5% higher than they were in January 2015

Insights & Analysis:

“Almost a full house of regional monthly house price declines in the wake of the original stamp duty holiday deadline gives a good indication of what awaits the market at the backend of this year. The market looks set to slow, and selling your home could get harder.

A correction is on the way and we can expect to see a weary market start to show signs of house price fatigue as early as next month, following the initial wind-down of the stamp duty holiday.”

"

Main takeaways from today’s House Price release:

  • The average price of a property in the UK was £250,772
  • House prices are 8.9% higher today than they were a year ago
  • House prices have dropped 1.9% in the last month
  • House prices are 31.5% higher than they were in January 2015

Insights & Analysis:

“Almost a full house of regional monthly house price declines in the wake of the original stamp duty holiday deadline gives a good indication of what awaits the market at the backend of this year. The market looks set to slow, and selling your home could get harder.

A correction is on the way and we can expect to see a weary market start to show signs of house price fatigue as early as next month, following the initial wind-down of the stamp duty holiday.”

IN THE NEWS

Browse coverage of this news piece

Our research, guides and commentary are picked up weekly by journalists at national and regional news outlets. See where this one has been covered so far.

A BIT ABOUT US...

Selling your home to Yes Homebuyers

  • Yes Homebuyers buy your home directly from you so you can sell your house fast and avoid waiting around to find a buyer on the regular market. 
  • We offer flexible timeframes to suit you and on average, complete a sale within 30 days. 
  • Yes Homebuyers' quickest completed purchase was made in six days. 
  • We guarantee the price we will pay, unlike some buying platforms who reduce their offer shortly before completion.
  • There are no fees or costs involved and we cover all legal fees involved.
  • There are no contracts or tie-ins even if you accept an offer, and no viewings to take care of.

IN THE NEWS

Latest Insights

We share our experts' weekly research articles free of charge.

Timely insights and analysis from our experts

Covering today's most important property topics

Featured weekly in national and regional news

As featured in

...AND MANY MORE

Browse latest articles

See all News, Press Coverage, Commentary & More
Read more >
FREE VALUATION
No Obligation

Ready for a faster house sale?
Let's get started.

Get An Offer