House prices soared 7% in the past year as the average price of a house in England rose to £300,000, ONS figures reveal.

In the year to October 2015, UK house prices increased by 7%, up from 6.1% in the year to September 2015.

Surging annual house prices were driven by increases in the East with average gains of 10.4%, followed by the South East at 9.5%.

Across the UK, average house prices increased by 0.8% between September and October 2015, the report found.


the average house price in England


the average house price in Wales


the average house price in Scotland


the average house price in Northern Ireland

ONS statistics show in October 2015, London continued to be the English region with the highest average house price at £531,000 and the North East had the lowest average house price at £158,000.

London, the South East and the East all had prices higher than the UK average price of £287,000.

The London skyline Credit: PA

Excluding London and the South East, the average house price was £217,000.

London prices increased by 7.7% over the year to October 2015.

Upwards pressure on house prices may be a result of a shortage of supply and a strengthening of demand in the housing market, a view supported by a number of house market indicators.


While supply may be tight, demand for house purchases remains strong.

The amount of mortgage approvals grew by 21.9% in the year to October 2015, the report said.