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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Statistics on Residential property market in London (UK)
Housing volumes and constructions
8
- Premium Statistic Sales volume of housing units in London 2001-H1 2022
- Premium Statistic House sales volume in London 2020-2021, by borough
- Premium Statistic London: households tenure from 2008 to 2022
- Premium Statistic New home construction starts and completions in London (UK) 2010-2022
- Premium Statistic Number of dwelling construction starts in London 2020/2021, by tenure
- Premium Statistic Number of housing construction starts in London boroughs 2022, by tenure
- Premium Statistic Number of new dwelling completions in London 2020/21, by tenure
- Premium Statistic Number of dwelling construction completions in London boroughs 2020/2021, by tenure
Rental costs
6
- Basic Statistic Average rental cost of apartments in European cities 2021-2022, by city
- Premium Statistic Average monthly rental costs in Greater London 2021-2022, by borough
- Premium Statistic 3 month residential rental growth in London January 2022, by area
- Premium Statistic London: Monthly Index of Private Housing Rental Prices (IPHRP) 2015-2022
- Premium Statistic Rental yields in London, UK 2021, by borough
- Premium Statistic Number of build to rent homes in London and the UK Q2 2022, by stage
House prices
8
- Premium Statistic First time buyer house price in the UK 2020-2021, by region
- Premium Statistic Monthly average mix-adjusted house price in London 2012-2022
- Basic Statistic Dwellings: Simple average house price in London 2000-2021, by buyer type
- Basic Statistic Detached dwellings: Simple average house price in London 2000-2021
- Premium Statistic Average detached house price in London 2021-2022, by borough
- Premium Statistic Average flat price in London 2021-2022, by borough
- Premium Statistic Average semi-detached house price in London 2021-2022, by borough
- Premium Statistic Average terraced house price in London 2021-2022, by borough
Mortgages & stamp duty
4
- Premium Statistic Monthly costs of buying a property in the UK 2021, by region
- Premium Statistic Average mortgage price for houses in London 2021-2022, by borough
- Basic Statistic Stamp duty land tax: London (UK) tax receipts 2000-2021
- Premium Statistic Average number of days to sell property in Great Britain 2022, by region
Forecasts
7
- Premium Statistic Mainstream residential property price change forecast London 2023-2027
- Premium Statistic Prime house price growth forecast in London (UK) 2022-2026, by location
- Premium Statistic Central London (UK): Prime property price growth 2022-2026
- Premium Statistic Outer London (UK): prime property prices forecast 2022-2026
- Premium Statistic Rental price residential properties change rate forecast in London 2022-2026
- Premium Statistic Forecast prime property rental price growth in Central London 2022-2026
- Premium Statistic Forecast prime property rental price growth in outer London 2022-2026
Further related statistics
16
- Number of first time home buyers in the United Kingdom (UK) 2016, by country
- Homeowners with a mortgage in urban areas in Poland 2010-2017
- Share of first-time home buyers in the U.S. 2005 and 2015, by region
- Homeowners with a mortgage in Spain 2010-2019
- Number of housing units in the U.S. 2021, by built year
- Number of registered housing units completed in Austria 2010-2017
- Vacant units as a share of housing stock in Denmark 2011-2016
- Number of owner occupied homes in the U.S. 2019, by household income
- Millennials who delayed home buying due to student debt U.S. 2017, by income
- Number of vacant homes in France 2008-2021
- Millennials who delayed home buying due to student debt U.S. 2017, by debt amount
- Number of vacation homes in France 2008-2021
- Millennials who delayed home buying due to student debt U.S. 2017, by generation
- Hot water supply problem resolution in main property in the UK in 2015
- Distribution of the housing situation in Ile-de-France September 2019
- Housing types Gyeongnam South Korea 2020
Further Content: You might find this interesting as well
Statistics
- Number of first time home buyers in the United Kingdom (UK) 2016, by country
- Homeowners with a mortgage in urban areas in Poland 2010-2017
- Share of first-time home buyers in the U.S. 2005 and 2015, by region
- Homeowners with a mortgage in Spain 2010-2019
- Number of housing units in the U.S. 2021, by built year
- Number of registered housing units completed in Austria 2010-2017
- Vacant units as a share of housing stock in Denmark 2011-2016
- Number of owner occupied homes in the U.S. 2019, by household income
- Millennials who delayed home buying due to student debt U.S. 2017, by income
- Number of vacant homes in France 2008-2021
- Millennials who delayed home buying due to student debt U.S. 2017, by debt amount
- Number of vacation homes in France 2008-2021
- Millennials who delayed home buying due to student debt U.S. 2017, by generation
- Hot water supply problem resolution in main property in the UK in 2015
- Distribution of the housing situation in Ile-de-France September 2019
- Housing types Gyeongnam South Korea 2020
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 March 24, 2023, 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 March 24, 2023. 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: March 24, 2023. 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 March 24, 2023)
First time buyer average house price in the United Kingdom (UK) in 2020 and 2021, by region (in GBP) [Graph], Lloyds Banking Group, January 22, 2022. [Online]. Available: https://www.statista.com/statistics/557882/first-time-buyer-average-house-price-by-region-uk/