Average UK house prices: last 3 months
The average house price in the UK is £270,300 as of November 2025 (published December 2025). This is a rise of £3,050 (1.1%) over the past year.
September 2025 | October 2025 | November 2025 | Annual price change (£) | Annual price change (%) | |
All UK property | £270,000 | £270,300 | £270,300 | £3,050 | 1.1% |
Flats/maisonettes | £191,400 | £191,000 | £190,900 | -£1,850 | -1.0% |
Terraced houses | £240,100 | £239,900 | £240,300 | £3,980 | 1.7% |
Semi-detached houses | £277,600 | £277,300 | £277,700 | £5,400 | 2.0% |
Detached houses | £452,000 | £452,300 | £452,800 | £5,540 | 1.2% |
Recovery in sales sees the most home moves for 3 years
The health of the housing market is best described by how many people feel confident and able to move home. The last 2 years have seen a sustained recovery in the number of sales alongside modest house price inflation as the market adjusts to higher mortgage rates.
Faster growth in household incomes and stability in mortgage rates have encouraged more home moves. In 2025, estate agents had the highest number of homes for sale in 7 years. Many of these sellers were also buyers, which has supported the recovery in sales.
The housing market is on track to reach 1.2m transactions in 2025. This is 9% higher than last year and in line with the 10-year average. The total value of homes sold in 2025 is £367bn, the highest since 2022. We expect the total sales to dip slightly to 1.18m in 2026.
Budget speculation hits new sales agreed in late 2025
Budget speculation reduced levels of housing market activity in the final 3 months of 2025 to a greater extent than the usual seasonal slowdown. Since October, we have registered the sharpest decline in sales agreed since the 2022 mini-Budget as buyers held back from making decisions.
Over the last 4 weeks, demand for homes has been 12% lower than a year ago, while new sales agreed are down 9%.
However, it’s too late for the drop in sales agreed to hit the number of housing transactions in 2025. It takes, on average, 5 months for a ‘sale agreed’ to turn into a completed sale when the buyer gets the keys and moves in. The decline in sales over recent months will only become apparent in housing transactions numbers in the first few months of 2026. This is one reason why we expect a slight dip to 1.18m sales in 2026.
First-time buyers drive market ahead
First-time buyers have been a driving force for increased sales in 2025, accounting for 2 in 5 sales. In comparison, existing homeowners buying a home with a mortgage account for 1 in 3 sales, cash buyers account for just over 1 in 5 sales, and landlords using a mortgage account for 7% of sales.
Improvements to the availability of mortgages since the spring have boosted affordability for buyers using a mortgage. First-time buyer numbers are on track to be 20% higher in 2025, which has pushed their share of all sales above the 2000-2024 average. We expect first-time buyers to be the largest buyer group once again in 2026, but affordability and buying costs remain an important influence on what they can pay.
UK house prices increase by 1.1% in 2025
While there are more home moves, this is not translating into faster levels of headline house price inflation.
UK house prices are just 1.1% higher than a year ago, below the 3.8% average inflation over the last decade. House prices are still adjusting to the impact of higher borrowing costs and increased buying costs after stamp duty reliefs ended in April.
There is a clear north-south divide in house price growth. Average home values are registering modest price falls of up to -0.6% across southern England where affordability and higher buying costs are a drag on prices.
Lower house prices in northern England and Scotland mean improved buyer affordability and faster levels of house price inflation of up to 2.9% in the North West. We expect this north-south divide in price inflation to continue over 2026.
This pattern of regional house price inflation is reflected in the price of what first-time buyers are looking to buy on Zoopla. Despite a boost to mortgage affordability over 2025, our data shows they are looking to buy cheaper homes than a year ago in London and southern England - largely due to higher stamp duty costs - while they are paying more in regional markets, which is supporting faster levels of price inflation.
Prices up 4.7% in Scottish Borders and down 2.4% in Truro
House price growth varies widely at a localised level.
House prices are rising fastest across Northern Ireland (6.7%), where prices are rising off a low base on a more settled economic and political backdrop.
The hottest markets for price inflation across Britain are the Scottish Borders (TD postal area at 4.7%), followed by Oldham (OL, 4.4%), Kirkcaldy (KY, 4.2%) and Falkirk (FK, 4.2%). Northern regions of England and Scotland have further scope for faster price inflation over 2026.
At the other end of the spectrum, prices are posting small falls across southern England, particularly in coastal areas where double council tax on second homes and a return to office working is impacting demand. House prices are 2.4% down in the Truro (TR) postal area, as well as Torquay (TQ, -1.9%) and Bournemouth (BH, -1.8%).
In London, house prices are 2% lower in North West London (NW), 1.8% lower in West Central London (WC) and 1.5% lower in West London (W). High house prices and stamp duty costs are the main drag on prices across inner London. However, most London suburbs continue to register small house price gains of up to 1%.
What will happen with house prices in 2026?
We expect a release of pent-up demand at the start of 2026 as buyers return to the market, having delayed decisions in the run-up to the Autumn Budget. We expect a stronger than usual start for the market in early 2026.
This will support housing sales, which are expected to total 1.18m over 2026. The appetite to move home amongst UK households remains strong. However, affordability remains a constraint for those buying their first home or looking to trade-up to a larger home. Sellers will need to remain realistic on pricing to secure sales in 2026, especially across southern England.
We expect sales volumes to remain elevated, close to the 1.2m long run average. There will be plenty of homes for sale which will boost buyer choice and keep price rises in check.
We anticipate average UK house prices to rise 1.5% in 2026, with an annual average increase of 2.1% a year between 2027 and 2029. Housing affordability will continue to steadily reset and support the number of sales in the coming years.
UK house price map
About our House Price Index
The Zoopla House Price Index (HPI) tracks the change in achieved sales price of homes (it’s not an index that tracks asking prices). The index uses sold prices, mortgage valuations and data for recently agreed sales with more input data than any other index. The methodology is designed to accurately track the change in pricing for UK housing. It’s revisionary and non-seasonally adjusted.
Download our House Price Index December 2025 (PDF, 333kB)
Additional notes on this month’s data:
New sales agreed are down 9%: Four weeks to 14 December 2025 vs same period in 2024.
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