Average price of newly built houses in the UK 2013-2023, per quarter
The Nationwide average UK house price increased overall during the period under observation, reaching a value of almost 296,000 British pounds in the fourth quarter of 2023. This was a slight increase from the previous year, when the average newly built house cost 292,000 British pounds. Nevertheless, this figure was lower than in the third quarter of 2023, when the average price exceeded 300,000 British pounds.