The 20 city index is currently registering annual house price inflation of 2.6%, the lowest annual growth rate for 5 years, The average house price has increased by £6,500 over the last 12 months to £253,500.
London has influenced the annual growth with price falls for the second time in 23 years. Other cities around the south of England are experiencing falls which have affected this figure. UK city house price growth has been forecasted as 2% in 2019. It is predicted that bove average growth in regional cities will help boost annual rates despite price falls across London.