Median price paid for residential property in England and Wales by property type and electoral ward. Annual data.

In 2022, house price growth in the UK slowed, after a period of decade-long increase. Nevertheless, in June 2025, prices reached a new peak, with the average home costing ******* British pounds. This figure refers to all property types, including detached, semi-detached, terraced houses, and flats and maisonettes. Compared to other European countries, the UK had some of the highest house prices. How have UK house prices increased over the last 10 years? Property prices have risen dramatically over the past decade. According to the UK house price index, the average house price has grown by over ** percent since 2015. This price development has led to the gap between the cost of buying and renting a property to close. In 2023, buying a three-bedroom house in the UK was no longer more affordable than renting one. Consequently, Brits have become more likely to rent longer and push off making a house purchase until they have saved up enough for a down payment and achieved the financial stability required to make the step. What caused the recent fluctuations in house prices? House prices are affected by multiple factors, such as mortgage rates, supply, and demand on the market. For nearly a decade, the UK experienced uninterrupted house price growth as a result of strong demand and a chronic undersupply. Homebuyers who purchased a property at the peak of the housing boom in July 2022 paid ** percent more compared to what they would have paid a year before. Additionally, 2022 saw the most dramatic increase in mortgage rates in recent history. Between December 2021 and December 2022, the **-year fixed mortgage rate doubled, adding further strain to prospective homebuyers. As a result, the market cooled, leading to a correction in pricing.

Across the United Kingdom, house prices appreciated the most in Belfast as of May 2025. In a year, sales prices in Belfast rose by 6.2 percent, approximately 4.8 percent above the average house price increase in the country. Bournemouth and Aberdeen were the two cities under observation where prices declined.

Graph and download economic data for Housing Inventory: Average Listing Price Month-Over-Month in Manchester-Nashua, NH (CBSA) (AVELISPRIMM31700) from Jul 2017 to Oct 2025 about Manchester, NH, average, listing, price, and USA.

This dataset provides information about the number of properties, residents, and average property values for Pontoison Drive cross streets in Manchester, MO.

This dataset provides information about the number of properties, residents, and average property values for House Avenue cross streets in Manchester, KY.

This dataset provides information about the number of properties, residents, and average property values for Mill Street cross streets in Manchester, TN.

The average agreed rent for new tenancies in the UK ranged from *** British pounds to ***** British pounds, depending on the region. On average, renters outside of London paid ***** British pounds, whereas in London, this figure amounted to ***** British pounds. Rents have been on the rise for many years, but the period after the COVID-19 pandemic accelerated this trend. Since 2015, the average rent in the UK increased by about ** percent, with about half of that gain achieved in the period after the pandemic. Why have UK rents increased so much? One of the main reasons driving up rental prices is the declining affordability of homeownership. Historically, house prices grew faster than rents, making renting more financially feasible than buying. In 2022, when the house price to rent ratio index peaked, house prices had outgrown rents by nearly ** percent since 2015. As house prices peaked in 2022, home buying slowed, exacerbating demand for rental properties and leading to soaring rental prices. How expensive is too expensive? Although there is no official requirement about the proportion of income spent on rent for it to be considered affordable, a popular rule is that rent should not exceed more than ** percent of income. In 2024, most renters in the UK exceeded that threshold, with the southern regions significantly more likely to spend upward of ** percent of their income on rent. Rental affordability has sparked a move away from the capital to other regions in the UK, such as the South East (Brighton and Southampton), the West Midlands (Birmingham) and the North West (Liverpool, Manchester, Blackpool and Preston).

Housing Inventory: Average Listing Price Year-Over-Year in Manchester-Nashua, NH (CBSA) was -1.05% in October of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Average Listing Price Year-Over-Year in Manchester-Nashua, NH (CBSA) reached a record high of 26.19 in July of 2022 and a record low of -4.25 in March of 2025. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Average Listing Price Year-Over-Year in Manchester-Nashua, NH (CBSA) - last updated from the United States Federal Reserve on November of 2025.

Housing Inventory: Average Listing Price Month-Over-Month in Manchester-Nashua, NH (CBSA) was -0.58% in September of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Average Listing Price Month-Over-Month in Manchester-Nashua, NH (CBSA) reached a record high of 10.00 in February of 2024 and a record low of -8.49 in June of 2024. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Average Listing Price Month-Over-Month in Manchester-Nashua, NH (CBSA) - last updated from the United States Federal Reserve on November of 2025.

Housing Inventory: Median Listing Price Year-Over-Year in Manchester-Nashua, NH (CBSA) was 2.31% in October of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price Year-Over-Year in Manchester-Nashua, NH (CBSA) reached a record high of 25.17 in February of 2023 and a record low of -2.12 in May of 2025. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price Year-Over-Year in Manchester-Nashua, NH (CBSA) - last updated from the United States Federal Reserve on November of 2025.

Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Manchester-Nashua, NH (CBSA) was 1.69% in September of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Manchester-Nashua, NH (CBSA) reached a record high of 17.97 in January of 2021 and a record low of 0.32 in November of 2017. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Manchester-Nashua, NH (CBSA) - last updated from the United States Federal Reserve on October of 2025.

This dataset provides information about the number of properties, residents, and average property values for Price Hollow Road cross streets in Manchester, KY.

Housing Inventory: Average Listing Price in Manchester-Nashua, NH (CBSA) was 689554.00000 U.S. $ in September of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Average Listing Price in Manchester-Nashua, NH (CBSA) reached a record high of 761150.00000 in May of 2024 and a record low of 368709.00000 in September of 2016. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Average Listing Price in Manchester-Nashua, NH (CBSA) - last updated from the United States Federal Reserve on October of 2025.

This dataset provides information about the number of properties, residents, and average property values for Manchester Road cross streets in Madison, WI.

This dataset provides information about the number of properties, residents, and average property values for Shaw Street cross streets in Manchester, NH.

This dataset provides information about the number of properties, residents, and average property values for Main Street cross streets in Manchester, MN.

Graph and download economic data for Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Manchester-Nashua, NH (CBSA) (MEDLISPRIPERSQUFEEYY31700) from Jul 2017 to Oct 2025 about Manchester, NH, square feet, listing, median, price, and USA.

This dataset provides information about the number of properties, residents, and average property values for Center Street cross streets in Manchester, NY.

Graph and download economic data for Housing Inventory: Average Listing Price in Tullahoma-Manchester, TN (CBSA) (AVELISPRI46100) from Jul 2016 to Oct 2025 about Tullahoma, TN, average, listing, price, and USA.