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Average UK house prices increased by 3 percent, to £273,000, in the year to August, down from 3.2 percent in the 12 months to July.
Average house prices increased to £296,000 (up 2.9 percent) in England, and £211,000 (up 2.0 percent) in Wales in the year to August, says the latest data from the Office for National Statistics (ONS).
Average UK house prices increased by 3.0 percent to £273,000 in the 12 months to August.
House price growth was highest in the North East, where prices increased by 6.6 percent in the 12 months to August. London had the lowest house price growth, where prices decreased by 0.3 percent in the 12 months to August.
The Royal Institution of Chartered Surveyors' (RICS') August 2025 UK Residential Market Survey reported that new buyer inquiries dropped for the second straight month, with a decline in agreed sales.
HMRC's UK Property Transactions Statistics showed that in August, 94,000 homes worth £40,000 or more changed hands, which is 1.7 percent higher than a year ago.
| Region | Price | Monthly change | Annual change |
|---|---|---|---|
| North East | £163,534 | 0.80% | 6.60% |
| North West | £216,789 | 1.60% | 4.50% |
| East Midlands | £244,677 | 1.20% | 4.40% |
| West Midlands | £250,017 | 0.70% | 3.70% |
| East of England | £342,521 | 0.80% | 3.00% |
| Yorkshire and The Humber | £207,330 | 0.90% | 2.70% |
| South West | £310,480 | 0.50% | 2.40% |
| South East | £388,812 | 1.30% | 1.80% |
| London | £565,567 | 0.10% | -0.30% |
| England | £295,670 | 0.90% | 2.90% |
| Wales | £211,361 | 1.00% | 2.00% |
| Source: ONS | |||
For September, mortgage lender Halifax reports that although house prices have dropped 0.3 percent since July, annual price rises are holding steady at 1.3 percent.
The bank puts the average UK house price at £298,284.
Head of Mortgages, Amanda Bryden said: "This slight monthly dip in house prices reflects a housing market that has remained broadly stable, prices are up +0.3 percent since the start of the year."
"It's also important to remember that prices vary widely depending on characteristics like location and property type. As a result, many homes are available at a cost well below this headline figure."
"Although the broader economic outlook remains uncertain, with the affordability picture gradually improving, we continue to expect modest growth through the remainder of the year."
Rival mortgage lender Nationwide - also reporting for September - puts annual mortgage growth at 2.2 percent and the average home price at £271,995.
Robert Gardner, Nationwide's Chief Economist, said: "The broad stability in the annual rate of house price growth over the past three months mirrors that of activity. The number of mortgages approved for house purchase have been hovering at around 65,000 cases per month, close to the pre-pandemic average."
HM Land Registry publishes the full UK House Price Index report and monthly data.