Notes
- The data starts from 1975 to the current year.
- House Price data
- The house price data is collected from Nationwide’s house price index (nationwidehousepriceindex.co.uk).
- Nationwide builds their house price index from their mortgage lending data (Nationwide is one of UK’s biggest mortgage providers). More information about their methodology (i.e. how they calculate house prices can be found here).
- The house prices below are not adjusted for inflation (i.e. the data is based on nominal house prices).
- Here is a graph showing just the UK Average House Price Graph (From 1952 – current year)
- UK Interest Rate data
- Since the house price data is based on a quarterly period, I used the first adjusted rate for each quarter to determine what the rate was at the time. For example, if the base rate in Q1 1985 was 11%, 10.5%, 11.5% and 11.2%, I used 11%. Where there was no adjustment in a single quarter for a given year, I used the most previous rate.
- Here is a graph showing just the UK Interest Rate (From 1975 – current year) – this data is more granular than on this page, because it shows every rate adjustment.