The average house price for first-time home buyers in the United Kingdom (UK) was over 264,000 British pounds in 2021, which was a slight increase of three percent from the previous year. In London, which is the most expensive region for housing in the UK, house prices decreased slightly from approximately 489,000 British pounds in 2020 to 476,000 British pounds in 2021. In Wales, on the other side, there was an increase of approximately nine percent and the average sales price reached over 180,000 British pounds in 2021, up from 147,000 British pounds in 2020.
First time buyer average house price in the United Kingdom (UK) in 2020 and 2021, by region (in GBP)
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Lloyds Banking Group. (January 22, 2022). First time buyer average house price in the United Kingdom (UK) in 2020 and 2021, by region (in GBP) [Graph]. In Statista. Retrieved May 17, 2022, from https://www.statista.com/statistics/557882/first-time-buyer-average-house-price-by-region-uk/
Lloyds Banking Group. "First time buyer average house price in the United Kingdom (UK) in 2020 and 2021, by region (in GBP)." Chart. January 22, 2022. Statista. Accessed May 17, 2022. https://www.statista.com/statistics/557882/first-time-buyer-average-house-price-by-region-uk/
Lloyds Banking Group. (2022). First time buyer average house price in the United Kingdom (UK) in 2020 and 2021, by region (in GBP). Statista. Statista Inc.. Accessed: May 17, 2022. https://www.statista.com/statistics/557882/first-time-buyer-average-house-price-by-region-uk/
Lloyds Banking Group. "First Time Buyer Average House Price in The United Kingdom (Uk) in 2020 and 2021, by Region (in Gbp)." Statista, Statista Inc., 22 Jan 2022, https://www.statista.com/statistics/557882/first-time-buyer-average-house-price-by-region-uk/
Lloyds Banking Group, First time buyer average house price in the United Kingdom (UK) in 2020 and 2021, by region (in GBP) Statista, https://www.statista.com/statistics/557882/first-time-buyer-average-house-price-by-region-uk/ (last visited May 17, 2022)