House prices in the three months to September 2018 were 2.5% higher than in the same three months a year earlier
The Halifax House Price Index is the UK's longest running monthly house price series with data covering the whole country going back to January 1983.
From this data, a "standardised" house price is calculated and property price movements on a like-for-like basis (including seasonal adjustments) are analysed over time. The annual change is calculated as an average for the latest three months compared with the same period a year earlier. These figures provide a better picture of the underlying trend compared to a monthly year-on-year number as they smooth out any short-term fluctuations.
IHS Markit, a world leader in critical information, analytics and solutions (Nasdaq: INFO) owns and acts as administrator for the Halifax House Price Index. For more information and details on how to access other indices from the Halifax House Price Index family go to the IHS Markit website.
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The Halifax House Price Index ("Index") is owned exclusively by Markit Group Limited and its affiliates ("IHS Markit") and published by Lloyds Bank plc ("Lloyds") on behalf of IHS Markit. Lloyds is the sole person who submits data to IHS Markit in order for IHS Markit to produce the Index. As publisher and sole submitter to the Index, Lloyds and its affiliates are not responsible for, and are not in any way liable to you or anyone else, for any inaccuracies, errors or omissions, regardless of cause, in the data contained in the Index or the Index itself.
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