County/London Boroughs Level House Price Index Report

  • Overall, house prices in most England counties experienced a slight slowdown in the annual price increase. The average monthly delta across all counties was mostly positive, indicating a continuation of the positive trend in prices.
  • In May 2023, the housing market in Wales saw growth for most counties, with rising property prices and strong performance in counties like Isle of Anglesey and Carmarthenshire. Caerphilly and Bridgend experienced comparatively slower growth.
  • The average property prices in Scottish counties increased compared to the previous month, with Aberdeen City experiencing the highest monthly delta of 6.8%.
  • London experienced a decline in average property prices in several boroughs when compared to the previous month. This indicates a potential cooling of the housing market in these areas during May 2023.