House prices up by 33% across the UK in last decade

Average house prices rose by 33% over the past decade – more than the average 20% rise in incomes.

The rise in house prices between 2010 and the end of last month is said by Nationwide to have been the weakest since the 1990s.

In the 1980s, house prices shot up 180%.

During the last decade, house prices rose the most in London, going up 66%.

The weakest growth was in the north (up 11%), Scotland (up 8%) and Northern Ireland (a rise of 2%).

Region 1980s 1990s 2000s 2010s
London 215% 40% 111% 66%
Outer Met 222% 29% 95% 54%
Outer SE 219% 18% 114% 43%
E Anglia 227% 6% 115% 43%
S West 206% 19% 122% 38%
E Mids 244% 3% 120% 36%
W Mids 196% 16% 108% 33%
Wales 163% 7% 135% 17%
N West 183% 23% 124% 17%
Yorks & H 203% -9% 137% 17%
North 178% 9% 127% 11%
Scotland 125% 28% 127% 8%
N Ireland 23% 115% 123% 2%
UK 180% 21% 117% 33%

 

 

 

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3 Comments

  1. Property Pundit

    Now do average estate agency commissions and see how they did in the 2010s, probably minus the figure quoted for house price rises.

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    1. Anonymous Coward

      Short analysis in the comments at the bottom for 1999 to 2019 here: https://propertyindustryeye.com/estate-agency-bosses-told-pay-staff-what-theyre-worth-not-what-you-think-you-can-get-away-with/  

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  2. Anonymous Coward

    And that’s a good thing…?

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