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.

Summary statistics for housing transactions by local authority in England and Wales, on an annual basis, updated quarterly using HM Land Registry Price Paid Data. Select values from the Year and Month dimensions for data for a 12-month period ending that month and year (e.g. selecting June and 2018 will return the twelve months to June 2018).

Residential Property Price Index: 18 Cities: Large data was reported at 107.304 2018=100 in Dec 2024. This records an increase from the previous number of 107.109 2018=100 for Sep 2024. Residential Property Price Index: 18 Cities: Large data is updated quarterly, averaging 102.588 2018=100 from Mar 2018 (Median) to Dec 2024, with 28 observations. The data reached an all-time high of 107.304 2018=100 in Dec 2024 and a record low of 99.532 2018=100 in Mar 2018. Residential Property Price Index: 18 Cities: Large data remains active status in CEIC and is reported by Bank Indonesia. The data is categorized under Global Database’s Indonesia – Table ID.EF010: Residential Property Price Index: by Cities. [COVID-19-IMPACT]

House prices vary widely in the United Kingdom (UK), but housing in certain cities and counties is substantially pricier than in others. Surrey, for example, concentrated four of the most expensive towns to buy a home, including Virginia Water, Cobham, and Esher. With an average house price of over *********** British pounds as of June 2024, housing in these towns cost roughly **** times the national average. How did house prices change since the COVID-19 pandemic? Since the start of the coronavirus (COVID-19) pandemic, demand for housing has been especially high, causing house prices to soar. Among major UK cities, the house price increase was most prominent in Belfast, where it rose by *** percent in 2024. According to the UK House Price Index, the average annual house price increase on a national level was even higher. How long does it take to sell a house? With the demand for housing going strong and inventory running low, aspiring homeowners need to act faster than ever when making an offer on a home. The average number of days on market has continued shortening since the start of 2021 and was a little over a month as of October 2021. Surprisingly, selling a property took the longest in the UK’s most competitive market - London.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

Residential Property Price Index: BI: Jabodebek-Banten: Small data was reported at 112.112 2018=100 in Dec 2024. This records an increase from the previous number of 111.895 2018=100 for Sep 2024. Residential Property Price Index: BI: Jabodebek-Banten: Small data is updated quarterly, averaging 108.238 2018=100 from Jun 2021 (Median) to Dec 2024, with 15 observations. The data reached an all-time high of 112.112 2018=100 in Dec 2024 and a record low of 104.890 2018=100 in Jun 2021. Residential Property Price Index: BI: Jabodebek-Banten: Small data remains active status in CEIC and is reported by Bank Indonesia. The data is categorized under Global Database’s Indonesia – Table ID.EF010: Residential Property Price Index: by Cities.

Indonesia Residential Property Price Index: BI: Denpasar data was reported at 185.921 2002=100 in Jun 2019. This records an increase from the previous number of 185.865 2002=100 for Mar 2019. Indonesia Residential Property Price Index: BI: Denpasar data is updated quarterly, averaging 139.025 2002=100 from Mar 2002 (Median) to Jun 2019, with 70 observations. The data reached an all-time high of 186.689 2002=100 in Jun 2017 and a record low of 100.000 2002=100 in Mar 2002. Indonesia Residential Property Price Index: BI: Denpasar data remains active status in CEIC and is reported by Bank of Indonesia. The data is categorized under Global Database’s Indonesia – Table ID.EF005: Residential Property Price Index: by Cities.

Poland Hedonic House Price Index: Secondary Market: 7 Cities data was reported at 111.329 Same Qtr PY=100 in Dec 2024. This records a decrease from the previous number of 116.263 Same Qtr PY=100 for Sep 2024. Poland Hedonic House Price Index: Secondary Market: 7 Cities data is updated quarterly, averaging 104.335 Same Qtr PY=100 from Dec 2006 (Median) to Dec 2024, with 73 observations. The data reached an all-time high of 158.521 Same Qtr PY=100 in Sep 2007 and a record low of 91.085 Same Qtr PY=100 in Mar 2013. Poland Hedonic House Price Index: Secondary Market: 7 Cities data remains active status in CEIC and is reported by Narodowy Bank Polski. The data is categorized under Global Database’s Poland – Table PL.EB007: Hedonic House Price Index.

Indonesia Residential Property Price Index: BI: 18 City data was reported at 208.785 2002=100 in Jun 2019. This records an increase from the previous number of 208.373 2002=100 for Mar 2019. Indonesia Residential Property Price Index: BI: 18 City data is updated quarterly, averaging 189.334 2002=100 from Mar 2012 (Median) to Jun 2019, with 30 observations. The data reached an all-time high of 208.785 2002=100 in Jun 2019 and a record low of 144.728 2002=100 in Mar 2012. Indonesia Residential Property Price Index: BI: 18 City data remains active status in CEIC and is reported by Bank of Indonesia. The data is categorized under Global Database’s Indonesia – Table ID.EF005: Residential Property Price Index: by Cities.

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.

Indonesia Residential Property Price Index: BI: 18 City: Large data was reported at 175.883 2002=100 in Jun 2019. This records an increase from the previous number of 175.833 2002=100 for Mar 2019. Indonesia Residential Property Price Index: BI: 18 City: Large data is updated quarterly, averaging 167.427 2002=100 from Mar 2012 (Median) to Jun 2019, with 30 observations. The data reached an all-time high of 175.883 2002=100 in Jun 2019 and a record low of 137.419 2002=100 in Mar 2012. Indonesia Residential Property Price Index: BI: 18 City: Large data remains active status in CEIC and is reported by Bank of Indonesia. The data is categorized under Global Database’s Indonesia – Table ID.EF005: Residential Property Price Index: by Cities.

In December 2024, the average house price in England was pricier than in any other country. This considerable disparity in average house prices is in no small part down to the country's capital city, where the average asking price was more than double that of the UK’s average. Even in London, for those who can afford a mortgage, the savings made through buying over renting can be beneficial. What drives house prices? Average house prices are affected by several factors, including economic growth, unemployment, and interest rates. Housing supply also plays a considerable role, with a shortage of supply leading to increased competition and an upward push in prices. Conversely, an excess of housing means prices fall to stimulate buyers. House prices still set to grow The housing market in the UK is expected to continue to grow in the next years. By 2029,.the annual number of housing transactions is set to reach *** million. With transactions on the rise, the average house price is also set to rise.

Indonesia Residential Property Price Index: BI: Manado: Large data was reported at 241.303 2002=100 in Jun 2019. This records an increase from the previous number of 237.901 2002=100 for Mar 2019. Indonesia Residential Property Price Index: BI: Manado: Large data is updated quarterly, averaging 138.262 2002=100 from Mar 2006 (Median) to Jun 2019, with 54 observations. The data reached an all-time high of 241.303 2002=100 in Jun 2019 and a record low of 100.000 2002=100 in Jun 2006. Indonesia Residential Property Price Index: BI: Manado: Large data remains active status in CEIC and is reported by Bank of Indonesia. The data is categorized under Global Database’s Indonesia – Table ID.EF005: Residential Property Price Index: by Cities.

Geneva stands out as Europe's most expensive city for apartment purchases in early 2025, with prices reaching a staggering 15,720 euros per square meter. This Swiss city's real estate market dwarfs even high-cost locations like Zurich and London, highlighting the extreme disparities in housing affordability across the continent. The stark contrast between Geneva and more affordable cities like Nantes, France, where the price was 3,700 euros per square meter, underscores the complex factors influencing urban property markets in Europe. Rental market dynamics and affordability challenges While purchase prices vary widely, rental markets across Europe also show significant differences. London maintained its position as the continent's priciest city for apartment rentals in 2023, with the average monthly costs for a rental apartment amounting to 36.1 euros per square meter. This figure is double the rent in Lisbon, Portugal or Madrid, Spain, and substantially higher than in other major capitals like Paris and Berlin. The disparity in rental costs reflects broader economic trends, housing policies, and the intricate balance of supply and demand in urban centers. Economic factors influencing housing costs The European housing market is influenced by various economic factors, including inflation and energy costs. As of April 2025, the European Union's inflation rate stood at 2.4 percent, with significant variations among member states. Romania experienced the highest inflation at 4.9 percent, while France and Cyprus maintained lower rates. These economic pressures, coupled with rising energy costs, contribute to the overall cost of living and housing affordability across Europe. The volatility in electricity prices, particularly in countries like Italy where rates are projected to reach 153.83 euros per megawatt hour by February 2025, further impacts housing-related expenses for both homeowners and renters.

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).

Indonesia Residential Property Price Index: BI: Medan: Small data was reported at 326.354 2002=100 in Jun 2019. This records an increase from the previous number of 299.710 2002=100 for Mar 2019. Indonesia Residential Property Price Index: BI: Medan: Small data is updated quarterly, averaging 176.955 2002=100 from Mar 2002 (Median) to Jun 2019, with 70 observations. The data reached an all-time high of 326.354 2002=100 in Jun 2019 and a record low of 100.000 2002=100 in Mar 2002. Indonesia Residential Property Price Index: BI: Medan: Small data remains active status in CEIC and is reported by Bank of Indonesia. The data is categorized under Global Database’s Indonesia – Table ID.EF005: Residential Property Price Index: by Cities.

Indonesia Residential Property Price Index: BI: Semarang: Small data was reported at 257.359 2002=100 in Jun 2019. This records an increase from the previous number of 256.410 2002=100 for Mar 2019. Indonesia Residential Property Price Index: BI: Semarang: Small data is updated quarterly, averaging 163.675 2002=100 from Mar 2002 (Median) to Jun 2019, with 70 observations. The data reached an all-time high of 257.359 2002=100 in Jun 2019 and a record low of 100.000 2002=100 in Mar 2002. Indonesia Residential Property Price Index: BI: Semarang: Small data remains active status in CEIC and is reported by Bank of Indonesia. The data is categorized under Global Database’s Indonesia – Table ID.EF005: Residential Property Price Index: by Cities.

Indonesia Residential Property Price Index: BI: Pekanbaru: Medium data was reported at 98.296 2002=100 in Jun 2019. This stayed constant from the previous number of 98.296 2002=100 for Mar 2019. Indonesia Residential Property Price Index: BI: Pekanbaru: Medium data is updated quarterly, averaging 98.353 2002=100 from Mar 2017 (Median) to Jun 2019, with 10 observations. The data reached an all-time high of 101.666 2002=100 in Dec 2017 and a record low of 97.915 2002=100 in Mar 2018. Indonesia Residential Property Price Index: BI: Pekanbaru: Medium data remains active status in CEIC and is reported by Bank of Indonesia. The data is categorized under Global Database’s Indonesia – Table ID.EF005: Residential Property Price Index: by Cities.