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OnTheMarket Plc

OnTheMarket’s guide to house price indices

One month UK house prices fall, then the next, they soar. So which house price indices should you follow?

Are property prices going up or down? It depends on which house price index you go by – and all of them operate according to slightly different criteria so not all are equal. Due to the various statistics issued by different sources, it is easy to become confused by the large discrepancies particularly when you take into account house price predictions too. Each region is different and often a national index hides the real picture in each area. In addition to sold house price indices, some also cover asking prices and are published on other portals. To help provide some clarity, here is a round-up of some of Britain’s leading indices.

OnTheMarket plc (LON:OTMP) provides property search services for buyers, sellers, landlords, and tenants in the United Kingdom.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.