House price statistics for England and Wales: year ending March 2023

The Office for National Statistics has published data on house prices and the number of transactions for property sales in England and Wales, on an annual basis.

The data show:

  • Median house price for residential properties was £290,000 in England and £200,000 in Wales in the 12 months ending March 2023.
  • The median price paid for residential properties in local authorities in England ranged from £116,000 (in Burnley) to £1.36 million (in Kensington and Chelsea) in the 12 months ending March 2023.
  • The median price paid for residential properties in local authorities in Wales ranged from £132,500 (in Blaenau Gwent) to £320,000 (in Monmouthshire) in the 12 months ending March 2023.
  • The number of residential property sales decreased by 26 per cent in England and 26 per cent in Wales between the 12 months ending March 2022 and the 12 months ending March 2023.
  • The number of detached property sales decreased by 34 per cent in England and 34 per cent in Wales between the 12 months ending March 2022 and the 12 months ending March 2023; this was the largest decrease of all property types.

For the release, click here.

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