The Nationwide House Price Index in the UK increased by 7.1 percent year-on-year in April 2021, accelerating from a 5.7 percent rise in March and beating market expectations of 5 percent as stump duty cuts were extended until the end of June. On a monthly basis, prices rose 2.1 percent in April, the biggest monthly increase since 2004. “With the stock of homes on the market relatively constrained, there is scope for annual house price growth to accelerate further in the coming months, especially given the low base for comparison in early summer last year. Indeed, if house prices remain flat in month-on-month terms over the next two months, the annual rate of growth will reach double digits in June", Robert Gardner, Nationwide’s chief economist, said. source: Nationwide Building Society, UK
Nationwide Housing Prices in the United Kingdom averaged 267.85 points from 1991 until 2021, reaching an all time high of 476.44 points in April of 2021 and a record low of 98.95 points in November of 1992. This page provides - United Kingdom Nationwide Housing Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Nationwide Housing Prices - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Nationwide Housing Prices in the United Kingdom is expected to be 468.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Nationwide Housing Prices in the United Kingdom to stand at 460.00 in 12 months time. In the long-term, the United Kingdom Nationwide Housing Prices is projected to trend around 466.00 points in 2022 and 469.00 points in 2023, according to our econometric models.