The price of new dwelling units in the United Kingdom was notably higher for former owner-occupiers than for first-time buyers in 2023. On average, properties bought by first-time buyers sold for 253,000 British pounds. Meanwhile, the average price paid by repeat buyers was 416,000 British pounds. Prices also varied depending on the property type. Flats and maisonettes in converted houses and terraced houses were the most affordable options for homebuyers.
Simple average house price in the United Kingdom (UK) from 2000 to 2023, by type of buyer
(in GBP)
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Office for National Statistics (UK). (March 20, 2024). Simple average house price in the United Kingdom (UK) from 2000 to 2023, by type of buyer (in GBP)
[Graph]. In Statista. Retrieved January 23, 2025, from https://www.statista.com/statistics/285817/dwellings-simple-average-house-price-in-the-united-kingdom-uk-by-buyer/?__sso_cookie_checker=failed
Office for National Statistics (UK). "Simple average house price in the United Kingdom (UK) from 2000 to 2023, by type of buyer (in GBP)
." Chart. March 20, 2024. Statista. Accessed January 23, 2025. https://www.statista.com/statistics/285817/dwellings-simple-average-house-price-in-the-united-kingdom-uk-by-buyer/?__sso_cookie_checker=failed
Office for National Statistics (UK). (2024). Simple average house price in the United Kingdom (UK) from 2000 to 2023, by type of buyer (in GBP)
. Statista. Statista Inc.. Accessed: January 23, 2025. https://www.statista.com/statistics/285817/dwellings-simple-average-house-price-in-the-united-kingdom-uk-by-buyer/?__sso_cookie_checker=failed
Office for National Statistics (UK). "Simple Average House Price in The United Kingdom (Uk) from 2000 to 2023, by Type of Buyer (in Gbp)
." Statista, Statista Inc., 20 Mar 2024, https://www.statista.com/statistics/285817/dwellings-simple-average-house-price-in-the-united-kingdom-uk-by-buyer/?__sso_cookie_checker=failed
Office for National Statistics (UK), Simple average house price in the United Kingdom (UK) from 2000 to 2023, by type of buyer (in GBP)
Statista, https://www.statista.com/statistics/285817/dwellings-simple-average-house-price-in-the-united-kingdom-uk-by-buyer/?__sso_cookie_checker=failed (last visited January 23, 2025)
Simple average house price in the United Kingdom (UK) from 2000 to 2023, by type of buyer (in GBP)
[Graph], Office for National Statistics (UK), March 20, 2024. [Online]. Available: https://www.statista.com/statistics/285817/dwellings-simple-average-house-price-in-the-united-kingdom-uk-by-buyer/?__sso_cookie_checker=failed
