The monthly house price index in London has increased since 2015, albeit with fluctuation. In August 2025, the index reached 99.1, which is a slight decrease from the same month in 2024. Nevertheless, prices widely varied in different London boroughs, with Kensington and Chelsea being the priciest boroughs for an apartment purchase.

The average mix-adjusted house price in London, England, peaked in August 2022, followed by a slight correction in 2023. In June 2024, the average house price amounted to about ******* British pounds, up from ******* British pounds a year ago. These recent fluctuations have also been observed by other measures, such as the house price index. The house price index is an important measure for the residential real estate market and is used to show changes in the value of residential properties.

Median price paid for residential property in England and Wales, by property type and Middle layer Super Output Area (MSOA). Quarterly rolling annual data. Formerly HPSSA dataset 2.

The house price index in London reached 99.1 index points in May 2025, which was an increase of 2.2 percent year on year. The house price index (HPI) is an easy way of illustrating trends in the house sales market and help simplify house purchase decisions. By using hedonic regression, the index models property price data for all dwellings and shows how much the price has changed since January 2023. Average house prices in Londnon boroughs Location plays a huge role in the price of a home. Kensington and Chelsea and City of Westminster are undoubtedly the most expensive boroughs in London, with an average house price that can exceed one million British pounds. In comparison, a house in Barking and Dagenham cost approximately one third. Nevertheless, the housing market is the busiest in the boroughs with average house prices. How have regional house prices in the UK developed? House prices in other UK regions have risen even more than in London. In Northern Ireland, the house price index reached nearly 120 index points in May 2025, ranking it among the regions with the highest property appreciation. The UK house price index stood at 103 index points, suggesting an increase of 51 percent since 2015.

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

The UK housing market continued to show significant regional variations in 2025, with London maintaining its position as the most expensive city for homebuyers. The average house price in the capital stood at ******* British pounds in February, nearly double the national average. However, the market dynamics are shifting, with London experiencing only a modest *** percent annual increase, while other cities like Belfast and Liverpool saw more substantial growth of over **** percent respectively. Affordability challenges and market slowdown Despite the continued price growth in many cities, the UK housing market is facing headwinds. The affordability of mortgage repayments has become the biggest barrier to property purchases, with the majority of the respondents in a recent survey citing it as their main challenge. Moreover, a rising share of Brits have reported affordability as a challenge since 2021, reflecting the impact of rising house prices and higher mortgage rates. The market slowdown is evident in the declining housing transaction volumes, which have plummeted since 2021. European context The stark price differences are mirrored in the broader European context. While London boasts some of the highest property prices among European cities, a comparison of the average transaction price for new homes in different European countries shows a different picture. In 2023, the highest prices were found in Austria, Germany, and France.

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

Affordability ratios calculated by dividing house prices by gross annual residence-based earnings. Based on the median and lower quartiles of both house prices and earnings in England and Wales.

This repository is the third updated version of the attribute-linked residential property price dataset in UK Data Service ReShare 854240 (https://reshare.ukdataservice.ac.uk/854240/). As with the first updated version (ReShare 855033 https://reshare.ukdataservice.ac.uk/855033/) in 2021, this updated dataset contains individual property transactions and associated variables from both Land Registry Price Paid Dataset (LR PPD) and the Ministry for Housing, Communities and Local Government (MHCLG) Domestic Energy Performance Certificate (EPC) data. This is a linked result by address matching between LR-PPD data (1/1/1995-31/10/2023) and Domestic EPCs data (ending with 31/10/2023). It is the whole of the 2023 update dataset published in the Greater London Authority (GLA) London Datastore (https://data.london.gov.uk/dataset/house-price-per-square-metre-in-england-and-wales).

The linked dataset in this repository is the uncorrected version, recording over 21 million transactions with 107 variables in England and Wales between 1/1/1995 and 31/10/2023. We have offered technical validation and data cleaning code in UKDA ReShare 854240 to help users to evaluate the representation and clean up the data.

This repository covers the original LR PPD and Domestic EPCs for the linked data (house price per square metre dataset). Similar to the first updated version, a field header has been added in LR PPD. Six variables (LMK_KEY, address, address 1, address 2, address 3, postcode) in Domestic EPCs are removed. A newly created unique identifier (id) is added in Domestic EPCs, this id is newly created for the Domestic EPCs(downloaded on 2/12/2023). It is not the same id as the id in the Domestic EPCs from UK Data Service ReShare 854240 and ReShare 855033 or the ReShare 856204. Since November 2021, DLUCH has published Domestic EPCs with the Unique Property Reference Number (UPRN) hence the dataset in this repository contains the UPRN information from the Domestic EPCs.

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.

Housing Index in the United Kingdom increased to 517.10 points in October from 514.20 points in September of 2025. This dataset provides - United Kingdom House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This house price per square metre dataset is created through complex address-based matching between the Land Registry’s Price Paid Data (LR-PPD) and property size information from the Domestic Energy Performance Certificates (EPC) data published by the Department for Levelling Up, Housing and Communities (DLUHC, formerly MHCLG). Details of the data linkage are published in the UCL Open: Environment along with the related linkage code via the UK Data Service ReShare repository.

During this data linkage process, the transactions assigned as category B (Additional Price Paid entry) and other property types are removed. Here we publish our latest limited attribute version of the uncorrected house price per square metre dataset in England and Wales with the LR-PPD data (1/1/1995-26/2/2021) and Domestic EPCs data (the sixth version, up to 20/9/2020) downloaded on 1/4/2021 for non-commercial purpose. This uncorrected version of house price per square metre dataset records over 18 million transactions with 16 variables in England and Wales since 1995. Unlike in our published article, in this uncorrected version we have not removed transactions with any improbable price per square metre values - i.e. where either the transaction price or total floor area values are null, 0 or too low to be realistic. This uncorrected version of the data will offer the most flexibility for researchers.

We offer technical validation and data cleaning code via the UKDA ReShare repository to help users evaluate the representation of the linked data for a given time period. The data cleaning code shows our methods for cleaning up unlikely floor size records before using this data in analysis. Users can create their own rules and undertake this clean-up process based on their own experience and research aims.

This limited attribute version is published by local authority (2021 version). Details of the 16 variables are described in the explanation file. The National Statistics Postcode Lookup NSPL (May 2021 version) is used to assign the local authority unit for your production of area-based statistics. Users can match historical changes in LA boundaries by choosing appropriate aggregations using, for instance ONSPD, and the postcode variable in our dataset.

An extended version of this dataset containing additional variables is available from UK Data Service Reshare service. Users can directly access this full version dataset (tranall_link_01042021.zip) via the following link: https://reshare.ukdataservice.ac.uk/855033/ . Accompanying LR-PPD and EPC data are also supplied through the ReShare service. Users who would like to attach their own additional variables from the LR-PPD data are advised to use the transactionid variable to link to the LR-PPD (LRPPD_01042021.zip). Users who would like to attach additional variables from the EPC data are advised to use the id variable to link to the sixth version Domestic EPCs (epc6_id.zip).

The 2024 update

The 2024 updated version of the house price per square metre dataset extends the data coverage to the end of 2024 ( hpm_la_2024.zip ). This new version is the result of linking LR-PPD data (01/01/1995–31/10/2024) and Domestic EPCs data (up to 31/10/2024), downloaded on 26/12/2024 for non-commercial purposes. It records over 22 million transactions in England and Wales since 1995.

Unlike the previous versions, this updated removes the id variable (created by the authors) and adds the lmk_key variable (originally from the Domestic EPCs dataset). This change was made because the lmk_key serves as a unique identifier with no duplicate records since 2024.

The match rate of the linked data varies over time; therefore, we recommend users carefully choose the time coverage and validate the data coverage using the match rate. Please note that publicly available Domestic EPCs data starts in 2008, resulting in an extremely low match rate for the period between 1995 and 2008.

The National Statistics Postcode Lookup (November 2024 version) is used to assign local authorities (2023 version)

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

These National Statistics provide monthly estimates of the number of residential and non-residential property transactions in the UK and its constituent countries. National Statistics are accredited official statistics.

England and Northern Ireland statistics are based on information submitted to the HM Revenue and Customs (HMRC) Stamp Duty Land Tax (SDLT) database by taxpayers on SDLT returns.

Land and Buildings Transaction Tax (LBTT) replaced SDLT in Scotland from 1 April 2015 and this data is provided to HMRC by https://www.revenue.scot/">Revenue Scotland to continue the time series.

Land Transaction Tax (LTT) replaced SDLT in Wales from 1 April 2018. To continue the time series, the https://gov.wales/welsh-revenue-authority">Welsh Revenue Authority (WRA) have provided HMRC with a monthly data feed of LTT transactions since July 2021.

LTT figures for the latest month are estimated using a grossing factor based on data for the most recent and complete financial year. Until June 2021, LTT transactions for the latest month were estimated by HMRC based upon year on year growth in line with other UK nations.

LTT transactions up to the penultimate month are aligned with LTT statistics.

Go to Stamp Duty Land Tax guidance for the latest rates and information.

Go to Stamp Duty Land Tax rates from 1 December 2003 to 22 September 2022 and Stamp Duty: rates on land transfers before December 2003 for historic rates.

The latest release was published 09:30 28 November 2025 and was updated with provisional data from completed transactions during October 2025.

The next release will be published 09:30 09 January 2026 and will be updated with provisional data from completed transactions during November 2025.

https://webarchive.nationalarchives.gov.uk/ukgwa/20240320184933/https://www.gov.uk/government/statistics/monthly-property-transactions-completed-in-the-uk-with-value-40000-or-above">Archive versions of the Monthly property transactions completed in the UK with value of £40,000 or above are available via the UK Government Web Archive, from the National Archives.

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.

Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Norwich-New London, CT (CBSA) was 0.02% in September of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Norwich-New London, CT (CBSA) reached a record high of 22.77 in May of 2021 and a record low of -3.81 in January of 2020. 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 Norwich-New London, CT (CBSA) - last updated from the United States Federal Reserve on November of 2025.

Housing Inventory: Price Reduced Count Year-Over-Year in Norwich-New London, CT (CBSA) was 22.95% in October of 2025, according to the United States Federal Reserve. Historically, Housing Inventory: Price Reduced Count Year-Over-Year in Norwich-New London, CT (CBSA) reached a record high of 87.50 in September of 2024 and a record low of -78.49 in March of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Housing Inventory: Price Reduced Count Year-Over-Year in Norwich-New London, CT (CBSA) - last updated from the United States Federal Reserve on November of 2025.

Graph and download economic data for Housing Inventory: Price Increased Count Year-Over-Year in New London County, CT (PRIINCCOUYY9011) from Jul 2017 to Dec 2021 about New London County, CT; Norwich; CT; price; and USA.

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.