To ask His Majesty's Government what assessment they have made of reports of recent increases in average house prices.
Answered on
29 January 2024
The most comprehensive measure of average house prices in the UK is published by the Office for National Statistics. The latest release is for November 2023, when the average house price in the UK was assessed to be £285,000. That leaves average UK house prices 24% higher than their average level in 2019.
The government continues to monitor developments in the housing market closely and consider the implications for its policies.
Answered by
Treasury