Summary of UK House Price Index (HPI) price statistics covering England, Scotland, Wales and Northern Ireland. Full UK HPI data are available on GOV.UK.

Housing Index in the United Kingdom decreased to 514.20 points in September from 515.60 points in August of 2025. This dataset provides - United Kingdom House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Quarterly house price data based on a sub-sample of the Regulated Mortgage Survey.

The house price index (HPI) shows changes in the value of residential properties in England, Scotland, Wales, and Northern Ireland. With the HPI set at a base of 100 in January 2023, a value of over 100 would mark an increase in the average dwelling price. A value of under 100 points, on the other hand, would indicate that the average price has dropped. In April 2025, the index measured 101.7 index points, showing an increase of 1.7 percent since January 2023. UK house prices grew rapidly during the COVID-19 pandemic House prices in the UK grew steadily between 2015 and 2020, fueled by stable economic growth and low borrowing costs. In the following two years, a combination of factors exacerbated this trend. These factors included a stamp duty holiday, low interest rates, a shortage of new homes supplied, and a high housing demand. As a result, house price growth soared, hitting a record 13.6 percent in July 2022. This trend in the index, and therefore the value of UK residential properties, has also been observed by the Halifax house price index. What is the average house price in the UK? Average house prices are affected by several factors. Economic growth, unemployment, interest rates and mortgage availability can all drive them up or down. A shortage of supply means that the need for housing and the competitive market created will push house prices up. An excess of housing, on the other hand, means prices fall to stimulate buyers.

Average House Prices in the United Kingdom decreased to 298184 GBP in September from 298978 GBP in August of 2025. This dataset includes a chart with historical data for the United Kingdom Average House Prices.

House prices in the UK rose dramatically during the coronavirus pandemic, with growth slowing down in 2022 and turning negative in 2023. The year-on-year annual house price change peaked at 14 percent in July 2022. In April 2025, house prices increased by 3.5 percent. As of late 2024, the average house price was close to 290,000 British pounds. Correction in housing prices: a European phenomenon The trend of a growing residential real estate market was not exclusive to the UK during the pandemic. Likewise, many European countries experienced falling prices in 2023. When comparing residential property RHPI (price index in real terms, e.g. corrected for inflation), countries such as Germany, France, Italy, and Spain also saw prices decline. Sweden, one of the countries with the fastest growing residential markets, saw one of the largest declines in prices. How has demand for UK housing changed since the outbreak of the coronavirus? The easing of the lockdown was followed by a dramatic increase in home sales. In November 2020, the number of mortgage approvals reached an all-time high of over 107,000. One of the reasons for the housing boom were the low mortgage rates, allowing home buyers to take out a loan with an interest rate as low as 2.5 percent. That changed as the Bank of England started to raise the base lending rate, resulting in higher borrowing costs and a decline in homebuyer sentiment.

Inflation-adjusted house prices in the United Kingdom (UK), continued to decline in the second quarter of 2023 - a trend that started in the fourth quarter of 2022. The nominal house price grew by **** percent in the second quarter of 2023, but when adjusted for inflation, there was a decline of **** percent.

Key information about House Prices Growth

• UK house prices grew 3.8% YoY in Feb 2025, following an increase of 4.0% YoY in the previous month.
• YoY growth data is updated monthly, available from Jan 1992 to Feb 2025, with an average growth rate of 4.3%.
• House price data reached an all-time high of 26.4% in Jan 2003 and a record low of -17.5% in Feb 2009.

Graph and download economic data for Real Residential Property Prices for United Kingdom (QGBR368BIS) from Q2 1969 to Q2 2025 about United Kingdom, residential, housing, real, and price.

House Price Index YoY in the United Kingdom decreased to 1.30 percent in September from 2 percent in August of 2025. This dataset includes a chart with historical data for the United Kingdom House Price Index YoY.

The average house price in the UK increased by 3.9 percent year-on-year in May 2025, according to the monthly house price index. The index is calculated using data on housing transactions and measures the development of house prices, with 2023 chosen as a base year when the index value was set to 100. In May 2025, the index reached 103 index points, meaning that house prices have grown by over three percent since January 2023.The house price index is an important measure for the residential real estate market. It is used to show changes in the value of residential properties in England, Scotland, Wales, and Northern Ireland. This upward trend in house price index, and therefore the value of residential properties, has also been observed by other measurers of house price index in the United Kingdom.

The average house price in England started to increase in August 2024, after falling by over three percent year-on-year in December 2023. In May 2025, the house price index amounted to 101.7 index points, suggesting an increase in house prices of 3.4 percent since the same month in 2024 and roughly 2 percent rise since January 2023 - the baseline year for the index. Among the different regions in the UK, West and East Midlands experienced the strongest growth.

Median price paid for residential property in England and Wales, by property type and administrative geographies. Annual data.

Graph and download economic data for House Price Index in the United Kingdom (HPIUKA) from 1845 to 2016 about academic data, United Kingdom, HPI, housing, price index, indexes, and price.

In 2024, detached houses were the most expensive type of dwelling in the United Kingdom, at an average price of 487,000 British pounds. Flats or maisonettes in converted houses, on the other hand, cost on average 282,000 British pounds, making them 215,000 British pounds less expensive than detached houses or 62,000 British pounds less than the average for all dwelling types. Prices also varied for new and existing housing, with existing properties fetching higher prices, on average.

The statistic displays a **** year forecast for house price growth in the United Kingdom (UK) from 2020 to 2024, revised with the coronavirus (covid-19) impact on the market. According to the forecast, 2020 and 2021 will likely see a slower to no increase in house prices followed by a gradual recovery between 2022 and 2024. North West, North East, Yorkshire & the Humber, and Scotland prices are forecast to bounce back quicker than other UK regions with higher **** year price increase.

This is the unadjusted median house priced for residential property sales (transactions) in the area for a 12 month period with April in the middle (year-ending September). These figures have been produced by the ONS (Office for National Statistics) using the Land Registry (LR) Price Paid data on residential dwelling transactions.

The LR Price Paid data are comprehensive in that they capture changes of ownership for individual residential properties which have sold for full market value and covers both cash sales and those involving a mortgage.

The median is the value determined by putting all the house sales for a given year, area and type in order of price and then selecting the price of the house sale which falls in the middle. The median is less susceptible to distortion by the presence of extreme values than is the mean. It is the most appropriate average to use because it best takes account of the skewed distribution of house prices.

Note that a transaction occurs when a change of freeholder or leaseholder takes place regardless of the amount of money involved and a property can transact more than once in the time period.

The LR records the actual price for which the property changed hands. This will usually be an accurate reflection of the market value for the individual property, but it is not always the case. In order to generate statistics that more accurately reflect market values, the LR has excluded records of houses that were not sold at market value from the dataset. The remaining data are considered a good reflection of market values at the time of the transaction. For full details of exclusions and more information on the methodology used to produce these statistics please see http://www.ons.gov.uk/peoplepopulationandcommunity/housing/qmis/housepricestatisticsforsmallareasqmi

The LR Price Paid data are not adjusted to reflect the mix of houses in a given area. Fluctuations in the types of house that are sold in that area can cause differences between the median transactional value of houses and the overall market value of houses. Therefore these statistics differ to the new UK House Price Index (HPI) which reports mix-adjusted average house prices and house price indices.

If, for a given year, for house type and area there were fewer than 5 sales records in the LR Price Paid data, the house price statistics are not reported. Data is Powered by LG Inform Plus and automatically checked for new data on the 3rd of each month.

House Price Index MoM in the United Kingdom decreased to -0.30 percent in September from 0.20 percent in August of 2025. This dataset includes a chart with historical data for the United Kingdom House Price Index MoM.

Nationwide Housing Prices in the United Kingdom increased to 542.60 points in September from 540.77 points in August of 2025. This dataset provides - United Kingdom Nationwide Housing Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.