The average house price in England and Wales has increased since 2015, with minor fluctuations over time. The house price 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 house price index reached 101.7 index points, meaning that house prices have grown by 1.7 percent since January 2023 and 3.5 percent over the last year. Among the different regions in the UK, the West and East Midlands experienced the strongest growth.

The average house price in Northern Ireland has increased since 2015, with minor fluctuations over time. The house price 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 house price index reached 113.9, meaning that house prices have grown by nearly 14 percent since January 2023 and 9.5 percent since the same month a year ago. Among the different regions in the UK, the West and East Midlands experienced the strongest growth.

United Kingdom HPI: Qtr: First Time Buyer: East Midlands data was reported at 434.082 1Q1993=100 in Sep 2018. This records an increase from the previous number of 424.625 1Q1993=100 for Jun 2018. United Kingdom HPI: Qtr: First Time Buyer: East Midlands data is updated quarterly, averaging 153.586 1Q1993=100 from Mar 1983 (Median) to Sep 2018, with 143 observations. The data reached an all-time high of 434.082 1Q1993=100 in Sep 2018 and a record low of 47.158 1Q1993=100 in Mar 1983. United Kingdom HPI: Qtr: First Time Buyer: East Midlands data remains active status in CEIC and is reported by Nationwide. The data is categorized under Global Database’s United Kingdom – Table UK.EB005: House Price Index: Nationwide.

The average house price in Scotland has increased since 2015, with minor fluctuations over time. The house price index is calculated using data on housing transactions and measures the development of house prices, with January 2023 chosen as a base year when the index value was set to 100. In May 2025, the index reached 109.3, suggesting a house price growth of 6.4 percent since May 2024 and 9.3 percent since 2023. Among the different regions in the UK, the West and East Midlands experienced the strongest growth.

United Kingdom HPI: Qtr: Former Owner Occupier: East Midlands data was reported at 407.955 1Q1993=100 in Sep 2018. This records an increase from the previous number of 395.959 1Q1993=100 for Jun 2018. United Kingdom HPI: Qtr: Former Owner Occupier: East Midlands data is updated quarterly, averaging 149.308 1Q1993=100 from Mar 1983 (Median) to Sep 2018, with 143 observations. The data reached an all-time high of 407.955 1Q1993=100 in Sep 2018 and a record low of 52.968 1Q1993=100 in Mar 1983. United Kingdom HPI: Qtr: Former Owner Occupier: East Midlands data remains active status in CEIC and is reported by Nationwide. The data is categorized under Global Database’s United Kingdom – Table UK.EB005: House Price Index: Nationwide.

The average house price in Belfast has increased since 2015, with minor fluctuations over time. The house price index is calculated using data on housing transactions and measures the development of house prices, with January 2023 chosen as a base year when the index value was set to 100. In May 2025, the house price index reached 114.1, meaning that house prices have grown by 14.1 percent since 2023 and 10 percent since the same month in 2024. Among the different regions in the UK, the West and East Midlands experienced the strongest growth.

HPI：季度：首次购买者：东米德兰兹郡在09-01-2018达434.0821993年1季度=100，相较于06-01-2018的424.6251993年1季度=100有所增长。HPI：季度：首次购买者：东米德兰兹郡数据按季更新，03-01-1983至09-01-2018期间平均值为153.5861993年1季度=100，共143份观测结果。该数据的历史最高值出现于09-01-2018，达434.0821993年1季度=100，而历史最低值则出现于03-01-1983，为47.1581993年1季度=100。CEIC提供的HPI：季度：首次购买者：东米德兰兹郡数据处于定期更新的状态，数据来源于Nationwide，数据归类于全球数据库的英国 – 表 UK.E039：房屋价格指数：全国范围内。

According to the forecast, the North West and Yorkshire & the Humber are the UK regions expected to see the highest overall growth in house prices over the five-year period between 2025 and 2029. Just behind are the North East and West Midlands. In London, house prices are expected to rise by **** percent.

United Kingdom PHRPI: England: East Midlands data was reported at 114.039 Jan2015=100 in Jul 2020. This records an increase from the previous number of 113.878 Jan2015=100 for Jun 2020. United Kingdom PHRPI: England: East Midlands data is updated monthly, averaging 97.486 Jan2015=100 from Jan 2005 (Median) to Jul 2020, with 187 observations. The data reached an all-time high of 114.039 Jan2015=100 in Jul 2020 and a record low of 87.995 Jan2015=100 in Jan 2005. United Kingdom PHRPI: England: East Midlands data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s United Kingdom – Table UK.EB015: Private Housing Rental Prices Index: January 2015=100.

英国 PHRPI: England: East Midlands在2020-07达114.039 Jan2015=100，相较于2020-06的113.878 Jan2015=100有所增长。英国 PHRPI: England: East Midlands数据按月度更新，2005-01至2020-07期间平均值为97.486 Jan2015=100，共187份观测结果。该数据的历史最高值出现于2020-07，达114.039 Jan2015=100，而历史最低值则出现于2005-01，为87.995 Jan2015=100。CEIC提供的英国 PHRPI: England: East Midlands数据处于定期更新的状态，数据来源于Office for National Statistics，数据归类于Global Database的英国 – Table UK.EB015: Private Housing Rental Prices Index: January 2015=100。

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).

Renters in the UK spent on average 32.5 percent of their income on rent as of January 2025. Scotland and Yorkshire and Humber were the most affordable regions, with households spending less than 28 percent of their gross income on rent. Conversely, London, South West, and South East had a higher ratio. Greater London is the most expensive region for renters Greater London has a considerably higher rent than the rest of the UK regions. In 2024, the average rental cost in Greater London was more than twice higher than in the North West or West Midlands. Compared with Greater London, rent in the South East region was about 600 British pounds cheaper. London property prices continue to increase In recent years, house prices in the UK have been steadily increasing, and the period after the COVID-19 pandemic has been no exception. Prime residential property prices in Central London are forecast to continue rising until 2027. A similar trend in prime property prices is also expected in Outer London.