UK average house prices, rental costs and properties planned over the next 10 years

​FOI Ref: FOI/2022/3980

You asked

Please supply the following information:

• the average house price in the UK

• the average weekly (or monthly) rental cost per household in the UK

• the number of properties planned to be build over the next 10 years in the UK

Could you break this information down by local authority, and if possible type of property (detached, semi-detaches, terrace, flat etc.)

For the first two questions, please could you provide figures as at the end of 2012, 2019 and 2021.

We said

Thank you for your enquiry.

We have provided the average house price in the UK by region, local authority and property type for year ending 2012, 2019 and 2021 (please see attached spreadsheet). Please note that for estimates below the regional level a 3-month moving average is applied to reduce volatility caused by low sales transactions in some local authorities and London boroughs (more information can be found in the HPI Quality and methodology - GOV.UK document).

This dataset has been extracted from the latest average house prices release, published by HM Land Registry for the month of January 2022 (published 23 March 2022). The full dataset can be accessed via this link: UK House Price Index: data downloads January 2022 - GOV.UK.

We do not collect average weekly or monthly rental cost per household in the UK. However, we publish the following two releases; the Index of Private Housing Rental Prices (IPHRP) which is a monthly publication that measures the change in price over time of renting residential property from private landlords. The index is published as a series of price indices covering the UK, its constituent countries and the English regions.

Secondly we publish the Private Rental Market Summary Statistics in England (PRMS), this is a simple "average of transactions" collected during the reference period. We do not publish a time series and users are advised not to infer trends in the rental market over time by comparing prices year-on-year. Median monthly rental prices are published for England only, down to local authority level by room, studio, one, two, three and four bedrooms or more, and the dataset is published biannually.

Work is currently being undertaken to redevelop the IPHRP and PRMS to produce mix-adjusted average rental prices, that are comparable over time. More information is available here Private Rental Prices Development Plan.

Unfortunately, we do not hold any data regarding the number of properties planned to be built over the next 10 years in the UK.

If you require any further information from ONS, please feel free to contact us via our email address: hpi@ons.gov.uk.