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Average UK house prices increased by 1.7%, to £270,000, in the year to October 2025, down from 2.0% in the 12 months to September, according to the latest Private rent and house prices, UK: December 2025 bulletin from the Office for National Statistics (ONS).
Across the nations, average house prices rose to £292,000 in England (up 1.4%), £211,000 in Wales (up 1.5%), and £192,000 in Scotland (up 3.3%) over the same 12-month period.
Within England, the ONS reports that annual house price inflation was highest in the North East at 5.0% in the 12 months to October 2025, while London recorded the lowest growth, with prices down 2.4% year-on-year.
As always with the UK House Price Index, it’s worth remembering that the latest estimates are provisional and can be revised as more transactions feed through.
Nationwide’s December 2025 House Price Index also points to a softer end to the year. It reports annual price growth slowing to 0.6% (from 1.8% in November), with the average UK price at £271,068, and prices down 0.4% month-on-month after seasonal adjustment.
Commenting on the figures, Nationwide’s Chief Economist, Robert Gardner, describes the 2025 market as “resilient” overall, noting that mortgage approvals held close to pre-COVID levels, while affordability constraints eased as earnings growth outpaced house prices and mortgage rates drifted down.
Nationwide also highlights an ongoing divergence by property type: in its latest breakdown, semi-detached homes saw the strongest annual growth (up 2.4%), while flats declined 0.9% year-on-year, reflecting (among other factors) weaker demand for smaller properties and higher running costs in some parts of the market.
The table below uses Nationwide’s quarterly regional series for Q4 2025 (three months to December), which can differ from monthly UK HPI averages because it is based on a different sample and time window.
| Region | Average price (Q4 2025) | Annual change |
|---|---|---|
| Northern Ireland | £216,919 | 9.7% |
| North West | £225,665 | 3.5% |
| Wales | £213,894 | 3.2% |
| West Midlands | £250,865 | 2.3% |
| Yorkshire & The Humber | £212,110 | 2.3% |
| North | £168,317 | 2.2% |
| Scotland | £190,649 | 1.9% |
| Outer Metropolitan | £428,139 | 1.4% |
| East Midlands | £238,183 | 1.0% |
| London | £529,372 | 0.7% |
| South West | £308,228 | 0.5% |
| Outer South East | £336,561 | 0.1% |
| East Anglia | £269,912 | -0.8% |
| UK | £273,077 | 1.7% |
Nationwide expects market activity to strengthen modestly as affordability continues to improve, forecasting annual house price growth broadly in the 2% to 4% range in 2026.
For landlords and investors, the key takeaway from both releases is that the market continues to show modest growth overall, but with wide variation by region and property type — and with London and flats still lagging the broader UK trend.