First time buyer house price in the UK 2020-2021, by region
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.
