Stamp duty for sale house prices

Regions show encouraging early 2019 price rises

House prices have grown in Wales as well as in England’s north and Midlands to post positive signs in early 2019, a new index has shown.’s Asking Price Index may show that the national average price growth is negative at –0.2%, but as with so many surveys in recent months, analysis shows there are several speeds to property markets around the country.

The West Midlands leads the way, with a 5% annual rise pegging the average for the area at a fraction over £250,000. Supply in the region is 10% up, leading Home to tip a slowdown, but with several high-profile projects in the region looking, demand is set to remain.

Big Birmingham projects on the horizon

Construction projects for Birmingham and nearby include works for the Commonwealth Games of 2022, as well as the HS2 rail link. The high-speed connection to London is expected to open in 2026 and will see the first major mainline station built in the UK in decades with the construction of Curzon Street in the city centre.

All the projects will see workers hunting for places to live, but recent years have also seen HSBC and Deutsche Bank move significant chunks of work to Birmingham.

Home director Doug Sheperd said, “British property roller coaster continues its hair-raising ride. There is certainly never a dull moment when one considers the diverse fortunes of the regions.”

Average prices on rise across north of England

Average asking prices in the north-west are 4.3% up to the new mark of £203,325, although Home say that it’s now taking six days longer to sell than a year ago. Across the Pennines, prices in Yorkshire and The Humber have risen by 3.4% to just shy of £196,000.

And Wales has returned strong figures as well. Average prices are at £205,768, an uptick of 6.4% year-on-year. One region of the Principality already seeing prices move up considerably is the south-east of the country, due in part to the now toll-free Severn River crossings.

The Principality Building Society recently reported that Newport’s house prices have gone up to just under £200,000. However, that’s still an attractive £100k less than on the English side of the border in cool, desirable Bristol. Wales has also performed well according to Rightmove with a rise of 4.3% and with Your Move, up by 3.6%. Both return an average price of a shade over £188k.

Self-certified Sophisticated Investor

Please read

I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:

I am a self-certified sophisticated investor because at least one of the following applies:

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested. I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled investments.

High Net Worth Investor

Please read

I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-mainstream pooled investments. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me:


Sign up for first access to new developments and exclusive property investment opportunities.

We send limited and targeted emails on new launches and exclusive deals which best fit your areas. We are trusted by over 30,000 active buyers as their source for new stock.

  • New property developments
  • Professional market reports
  • Property deal alerts
  • Development updates
Manchester property investment


Receive trending news straight to your inbox and stay up to date on all of the property market trends and advice.

Established since 2005 we are a leading voice of authority and commentary on the UK property market. Our news is trusted by Apple News & Google News.

  • UK housing market
  • Mortgage & money
  • Buy-to-let landlords
  • Guides & advice

Talk to us

Speak to our UK property experts today:


+44 (0) 333 123 0320

Open from 9am-6pm GMT


+852 6699 9008

Open from 9am-6pm HKT