Ministry of Housing, Communities and Local Government written question – answered at on 24 March 2025.
Jim Shannon
DUP, Strangford
To ask the Secretary of State for Housing, Communities and Local Government, what assessment she has made of trends in the levels of house prices in the last 12 months.
Matthew Pennycook
Minister of State (Housing, Communities and Local Government)
My Department continuously monitors the latest data on house prices.
In the 12 months up to December 2024 (the most recent data from the ONS), average house prices in the UK rose from £256,000 to £268,000 a 4.6% increase.
In England, the average house price rose from £279,000 to £291,000 a 4.3% increase. The affordability challenges facing prospective first-time buyers mean that too many people are now locked out of homeownership. The government is committed to introducing a permanent, comprehensive mortgage guarantee scheme, to support first-time buyers who struggle to save for a large deposit, with lower mortgage costs.
Yes0 people think so
No1 person thinks not
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Secretary of State was originally the title given to the two officials who conducted the Royal Correspondence under Elizabeth I. Now it is the title held by some of the more important Government Ministers, for example the Secretary of State for Foreign Affairs.
