HM Land Registry · 8 June 2001 – 5 May 2005

Average house price during the Labour 2001–2005 government

May 2001 → April 2005 · 47 periods

↑ 59.5%+£52,859 £

Average house price rose by 59.5% over the period, from £88,892 £ (May 2001, the level when the government took office) to £141,751 (April 2005, the last complete period before it left office).

Inherited level May 2001: £88,892
Level when it left April 2005: £141,751
method: latest complete period before start / before end

Changes during this period do not by themselves show what the government caused. Statistics reflect many influences, including earlier decisions, the economy and how the data is collected.

Published valueProvisional or revisedLatestShaded bands: governments (see labels)Hover or use arrow keys to read a value

Definition and caveats

The mean price paid for a residential property, produced by the UK House Price Index's hedonic regression over sales registered with the land registries of the four UK countries.

Doesn’t measure: Asking prices, newly agreed prices, or the price of any particular house. A mean is pulled upwards by expensive sales, so it sits above the typical price paid.