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.

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

View yearly updates and historical trends for Manchester-Nashua, NH Housing Affordability Index. Source: National Association of Realtors. Track economic …

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

The "UK Real Estate" dataset, meticulously constructed with 5000 entries and 10 comprehensive columns, presents a synthesized representation of housing attributes across the United Kingdom. This dataset is a simulated model created for academic or analytical purposes and is not sourced from empirical real estate databases.

The "Price" column encapsulates property valuations, varying between £50,000 and £1,000,000, offering a spectrum of market values. Bedroom and bathroom counts, illustrated in the "Bedrooms" and "Bathrooms" columns respectively, range from 1 to 5 bedrooms and 1 to 3 bathrooms per property. The "SqFt" column denotes the square footage of each property, spanning 500 to 3000 square feet, reflecting a diverse range of property sizes.

Geographical diversity is represented through major UK cities such as London, Manchester, Birmingham, Glasgow, and Edinburgh, listed in the "City" column. Corresponding postcodes for these cities are outlined in the "Postcode" column, encompassing areas like SW, M, B, G, and EH, demonstrating varied regional distributions within the dataset.

The dataset includes the year of construction for each property in the "Year_Built" column, spanning from 1800 to 2022, providing insights into the historical context and age distribution of the properties. Diverse property types, including flats, houses, and bungalows, are outlined in the "Type" column, reflecting the diversity in housing styles within the UK.

The presence of a garage on the property is indicated by the binary "Garage" column, where 1 represents the presence of a garage and 0 indicates its absence. Additionally, the "Lot_Area" column signifies the land area of the property, ranging from 500 to 5000 square feet, showcasing variations in property sizes and space availability.

This dataset serves as a foundational resource for academic research, analytical endeavors, or predictive modeling within the domain of UK real estate. Analysts and researchers may leverage this dataset to explore trends in property valuation, regional housing preferences, the impact of historical construction periods on property values, or the prevalence of specific housing types across different cities and postal regions in the United Kingdom. Such analyses could contribute valuable insights into the dynamics of the UK housing market and inform strategic decision-making processes within the real estate sector.

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).

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

Abstract copyright UK Data Service and data collection copyright owner.

The aim of this survey was to collect data on the housing situations of Asian and British households in the areas of South Manchester and North Cheshire. Data were collected on the expenditure and location patterns of the households as well as on their searching behaviour and means of finance.
Main Topics:

Housing history, reasons for moving, search process, reasons for choosing a house. Location and quality of home, details of move, future plans. Present and previous accommodation (age of tenure, number of rooms, amount of loan, monthly repayments, buying and selling prices).
Background Variables
Age, sex, marital status, type of household, number of children (number born at present address), number of others living in accommodation. Social class and socio-economic group of head of household. Income of head of household and spouse both at time of move and at present. Details of parents' accommodation. Location of respondent's workplace.
Distribution of ethnic groups, tenure, population density in households and household amenities in local enumeration district.

The number of housing starts and completions in London decreased sharply in the fiscal year 2024/25. That came after a period of steadily increasing housing starts between 2019/20 and 2022/23, with ****** units started that latter year. Meanwhile, the number of new residential property starts in London amounted to ***** dwellings in 2024/25. However, the overall housing starts in the United Kingdom were forecasted to grow significantly in the coming years. How do residential construction costs compare across regions in the United Kingdom? Construction costs have been an important challenge for contractors and homebuilders in the United Kingdom, having an effect on their profit, but also on the final price of housing. Residential construction costs in the UK varied significantly by city and building type, with apartment high-rises generally being more expensive to construct than medium-standard townhouses. Overall, construction costs reflect a trend in which urban centers like London and Manchester have the highest average residential building construction costs in the UK. What is the price of a newly built home in the United Kingdom? Over the past decade, house prices have generally increased, reflecting a steady upward trend in the housing market. By the end of 2023, the average price of a newly built house in the UK amounted to nearly ******* British pounds. However, this represented a slight dip compared to the previous quarter, which recorded the highest average house prices since 2013. These trends suggest that the rise in housing costs will continue in the long-term, even if prices fluctuate slightly in certain quarters.

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

In 2024, ****** was still the most expensive UK city for office construction. This was true at least for the cities included in the list, and it applies to prestige and A-Grade offices. Both A-Grade and prestige offices in London were more expensive than any type of office construction in Birmingham, Manchester, Glasgow, or Leeds. After London, Cambridge and Oxford are also some of the other UK cities with the highest house prices in 2023. Office rents in London Not only did London prove to have high building costs, rents for prime offices were equally high, with the West End core as the most expensive districts in the city. The area to the North of Buckingham Palace is known for its exclusive townhouses largely owned by the foreign elite and upscale hotels and restaurants. Stratford and the rest of the Docklands were the cheapest districts in London. Office investments in the UK In the last quarter of 2023, the value of office investments in London increased slightly in comparison to previous quarters. Investments in the City and Southbank, however, dropped in value. The volume of investment in commercial real estate in the UK fluctuated a lot in the past months, with some years showing high volumes of investment in office real estate, and other months where those values fell rapidly.

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

In the first quarter of 2025, London West End - Bond Street was the most expensive location for prime high street rents in the UK, with prices reaching 2,500 British pounds per square foot. The West End was ranked ahead of London City, which came in third. In Manchester, the annual costs of rental per square foot of prime retail real estate amounted to 235 British pounds. Retail warehouses Retail warehouses typically range from 50,000 to hundreds of thousands of square feet. They are used for keeping and distributing inventory. Retail warehouses include loading docks, truck doors and large parking lots; also, they may contain a limited amount of office space. Prime retail warehouse properties belong to the wider category of industrial property, along with other real estate types, such as distribution buildings, showroom facilities, manufacturing buildings, cold storage facilities, telecom or data hosting centers, "flex" buildings denoting more than one industrial or commercial facility housed in the same building, and finally R&D buildings. Prime yields of high street retail across Europe Retail real estate prime yields in Europe were the lowest in Zurich, Switzerland, and the highest in Bucharest, Romania in 2025. As could be expected, larger cities in Europe tended to produce lower yields, due to the lower risk associated with these markets. Locations with lower yields tend to have steady occupancy rates and rental growth.