UK House Prices Snapshot

by | Feb 18, 2021

The Office for National Statistics (ONS) released official UK house prices for December 2020 yesterday. The data shows prices across the country rose 8.5% in 2020. This represents the strongest growth in over 10 years and a stronger performance than other, previously released data had shown (Nationwide 7.3%, Halifax 5.8% and Rightmove 6.6%).

UK House Prices Comparison 2020

Five UK regions showed growth in excess of 10% for the year — the North West (+11.2%), Wales (+10.7%), the East Midlands (+10.6%), Yorkshire and the Humber (+10.4%) and the South West (+10.2%). London showed the weakest growth (+3.5%), as the pandemic drove higher “demand for space” outside the capital.

UK house prices increased +1.2% month-on-month in December. Notably, prices in England’s regional markets were +1.9% month-on-month, while London showed a -1.1% decline.

UK House Prices December 2020

Interesting article? Put our experience to work…

Hilltop Credit Partners completes £4.6 million bridge loan for 388-unit newbuild residential development in Leeds 

Funds advised by Hilltop Credit Partners have provided a bridge loan facility of £4.6m to Pascoe HomesFunds will be used to acquire a...

Hilltop Credit Partners ‘reboots’ real estate funding and management with launch of Credit Stream platform

Hilltop Credit Partners announces the launch of its innovative real estate credit acquisition platform Credit Stream – a cloud-based...

View from the Top #21

Hilltop Enters Joint Venture with MCAP Global Finance Hill has entered a joint venture with MCAP Global Finance to lend to residential...

Hilltop Credit Partners announces partnership with MCAP Global Finance (UK) LLP and completes £33 million loan for newbuild residential development in Worcester

Real estate development lending platform Hilltop Credit Partners announces a funding partnership with MCAP Global Finance (UK) LLP, the UK...

Hilltop Credit Partners achieves successful repayment of €5 million mezzanine facility to fund re-development of historic train factory in Helsinki, Finland

Funds advised by Hilltop Credit Partners have achieved successful re-payment of a pre-development bridge loan of €5 million to Train...

Hilltop Credit Partners completes £3 million loan for new build residential homes in Brinkworth

Funds advised by Hilltop Credit Partners have provided a development finance facility of £3m to Pars Developments.Funds will be used to...

Hilltop Credit Partners completes £8.7 million loan for newbuild residential-led development in Leicester city centre

Funds advised by Hilltop Credit Partners have provided a development finance facility of £8.7m to Mitchian Alliance LimitedFunds will be...

As seen in...

Fintech Finance logo
Logo - CoStar
Logo - Business Leader
Logo - Development Finance Today
Logo - Real Estate Capital
Logo - CoStar
Logo - Business Leader
Logo - Development Finance Today
Logo - Real Estate Capital
Logo - CoStar
Logo - Business Leader
Logo - Development Finance Today
Logo - Bridging Loan Directory
Logo - Property Week
Logo - IPE Real Assets
Logo - Business Daily News

Register your interest here

 

Let’s talk! Get in touch on +44 (0) 203 903 6369 
or leave us a message below and we’ll get right back to you.

7 + 10 =

  • Share This
    UK Residential Market Report 2022