Average house price in the UK 1995-2023, by country

Average house prices are affected by several factors: Economic growth, unemployment, interest rates and mortgage availability can all affect average prices. A shortage of supply means that the need for housing and, therefore, competitive market created will push up house prices, whereas an excess of housing means prices fall to stimulate buyers. Location, location, locationIn December 2023, the average house price in England was more expensive than in any other country. This huge disparity in average house prices is in no small part down to the country's capital city, where the average asking price was more than double that of the UK’s average. Even in London, for those who can afford a mortgage, the savings made through buying over renting can be beneficial. House prices still set to growIn 2024, the number of housing transactions in the UK is set to fall to 1.1 million. With the expected decline in transactions, the average house price is also set to stagnate across the UK.

平均房价受多种因素影响：经济增长、失业率、利率以及抵押贷款的可用性均可对平均房价产生影响。供应短缺意味着住房需求与由此产生的竞争性市场将推动房价上涨，而住房过剩则导致房价下跌以刺激买家。地段、地段、还是地段。截至2023年12月，英格兰的平均房价高于其他国家。这种巨大的平均房价差异在很大程度上归因于该国的首都，其平均挂牌价格是英国平均水平的两倍以上。即使在伦敦，对于那些能够负担得起抵押贷款的人来说，通过购房而非租房节省的储蓄也可能是有益的。房价仍有望增长。2024年，英国住房交易数量预计将降至110万。随着预期交易的下降，英国的平均房价也预计将在全国范围内停滞。