There are many UK housing market indexes released every month and we are attempting to provide the ultimate, comprehensive overview to the very fragmented reports available.
£265,000
Monthly Change 2.7%
Annual Change 3.5%
5 Year Change 15.9%
Source: HM Land Registry
£378,240
Monthly Change 0.3%
Annual Change 0.8%
5 Year Change 12.5%
Source: Rightmove
50,712
Monthly Change 6.8%
Annual Change 10.8%
5 Year Change 51.2%
Source: HM Land Registry
Monthly Change 15%
Source: Rightmove
583,737
Monthly Change 3.7%
173 days
Source: Home
59 days
Source: Rightmove
2.4% properties price reduced last month
Source: Home
Annual Change 2.1%
Source: Bank of England
"The average price of property coming to the market for sale drops by 0.3% (-£1,277) this month to £378,240. This is an unusual dip in prices for June, as new sellers lower their price expectations. This month’s price drop compares to an average increase in June of 0.4% over the last ten years. However, it follows stronger than expected price growth in April & May and appears to be in part a delayed response to increased stamp duty tax in England from April. The continued decade-high level of buyer choice is also continuing to put downwards pressure on prices. It appears that more competitive pricing is helping sales activity, with May seeing the strongest month of sales agreed since March 2022. Some segments of the property market are performing more strongly in terms of pricing than others, driven by buyer affordability and supply levels. With more new sellers still coming into the market than new buyers, pricing realistically remains key for a successful sale."
"The May 2025 RICS UK Residential Survey results continue to signal a generally soft market backdrop at present, as indicators on buyer demand and sales activity remain negative for the time being. Notwithstanding this, near-term expectations now sit in broadly neutral territory, suggesting conditions may stabilise over the next few months."
"Turning to house price trends, the latest aggregate net balance of -8% reflects a further dip from the figure of -3% seen last month. In fact, the reading for May is the weakest since July 2024, having declined steadily in each month since the recent high of +25% was recorded in December 2024. Nevertheless, at this stage, the headline series is still only pointing towards a largely flat backdrop for house prices. When disaggregated, areas such as East Anglia and the South West exhibit more negative readings than the national averages, with net balances of -34% and -31% being registered over the latest survey period. Conversely, house prices continue to move higher across Northern Ireland according to a net balance of +92% of contributors."
"Data shows northern regions of England, Scotland and East Midlands are registering the fastest growth in sales agreed compared to a year ago. However, affordability constraints are behind a slower growth in sales across southern regions of England, with a decline in sales in the West Midlands compared to a year ago."
“2021 has a lot of variables, and so is not an easy one to call, but with Rightmove’s unique leading indicators of buyer and seller behaviour we are confident that the housing market will continue to outperform general expectations next year as it did this."
"Our 2021 forecast of a 4% price rise is more conservative than the unsustainable 6.6% national average seen this year. There’s likely to be a lull in quarter two unless the stamp duty holiday is extended, but for many buyers its removal will not be make or break, though may lead them to reduce their offers to a degree to compensate for the higher tax, and indeed many sellers may be prepared to help to mitigate their buyer’s financial loss."
"First-time buyers will remain largely exempt, so in most cases will be no worse off. The maximum savings of £2,450 in Wales or £2,100 in Scotland are considerably less decisive than the £15,000 available in England for a house costing £500,000 or more, which does however only apply to a small part of the market.”
Russell Galley, Managing Director of Halifax: 2% to 5% fall"Despite the deepest recession for centuries, house prices have risen over the past year at their fastest rate since 2016, with mortgage approvals also at their highest level for over a decade. This growth has been driven by a shift in demand from buyers as a result of increased home working and a desire for more space, whilst the stamp-duty holiday brought forward many transactions that might otherwise have been planned for next year."
"With the stamp duty holiday also due to expire in March - and lower levels of demand - housing market activity is likely to slow. Taking all of this into account, the post-summer surge in house prices is unlikely to be sustained. Prices are expected to fall by between 2% and 5% next year, although forecast uncertainty is much higher than usual given the current economic and political environment."
Richard Donnell, Research and Insight Director at Zoopla: 1% rise“Central to our outlook is lower levels of turnover by long-run standards, which over time increases the scarcity of homes for sale."
"We expect the supply of properties for sale to moderate over 2021, which will restrict choice for consumers."
"This creates a scenario in which any improvement to the economic climate, growth in employment levels, or an uptick in consumer sentiment will in turn boost demand, increase transaction volumes in line 2019 levels, and could provide impetus for house price growth in 2022."
Lucian Cook, Head of Residential Research at Savills: 0% change“We do expect the economic effects of the pandemic to weigh more heavily on the housing market next year."
Nick Barnes, Head of Research at Chestertons: 1.5% rise"Assuming no further major systemic shocks, we anticipate that the brunt of Covid’s impact on employment will be felt by the mainstream market and we forecast that after an exceptional year of growth in 2020, prices growth across the UK will slow to 1.5%. Greater London prices have risen less but are likely to fall more, and we expect them to drop by 2% by the end of the year."
An ExprEstimate is simply an estimation of what your property could be worth in current market conditions. This is calculated using an automated computerised system. We use a number of publicly available data sources to help calculate our estimations, maps, tables and other content. This data may be inaccurate or incomplete at times and therefore must not be relied upon. Our valuation estimations, maps and tables are provided to you for personal use, general interest and to provide homeowners with a useful starting point when trying to assess their property’s current value and the UK property market in general. These estimates, maps, tables and any other content should not be relied upon for any type of commercial transaction. We strongly recommend that you seek a professional valuation from a qualified surveyor / qualified professional before any property sale, purchase, mortgage or related purposes. We shall not be liable for any losses you or anyone else suffers as a result of relying on the valuations, maps, tables and any other content. This includes not being liable for any loss of profit, loss of bargain, loss of capital through over-payment or under-sale or for any indirect, special or consequential loss. We cannot and do not guarantee that the Service will be constantly available or error-free. Also, our liability to you is limited to £100. WE DO NOT EXCLUDE OR LIMIT OUR LIABILITY FOR ANYTHING WE ARE NOT ALLOWED TO AND YOUR STATUTORY RIGHTS AS A CONSUMER ARE NOT AFFECTED BY ANY OF THESE TERMS AND CONDITIONS.
