March's House Price Index

UK house prices unchanged in March.

  • Price of a typical home was unchanged between February and March, but was 0.8% higher than March 2012
  • The typical UK home is now worth £164,630

Headlines March 2012

February 2012

Monthly Index* 329.8 329.7
Monthly Change* 0.0% 0.2%
Annual Change 0.8% 0.0%
Average Price £164,630 £162,638

* Seasonally adjusted figure (Note that monthly % changes are revised when seasonal adjustment factors are re-estimated)

Commenting on the figures Robert Gardner, Nationwide's Chief Economist said:

"House prices were unchanged between February and March after taking account of usual seasonal effects. However, in annual terms, house price growth moved into positive territory for the first time since February 2012."

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