UK house price latest 2025: what's happening to property values near you

The average house price jumped more than £7,000 in the last 12 months. Read on to see what's happening to house prices in your area.

Feeling a bit lost with so many house price reports out there? 

The HomeOwners Alliance House Price Watch looks at all the information from the various property indices to give you one easy-to-digest round-up of everything you need to know.

So, let's look at how prices have changed over the past month and year.

What’s going on with house prices?

When you average out the latest figures reported by all the major indices, prices jumped 0.8% in the last month alone (see table below), and 2.8% over the last 12 months.

It means the typical home now costs £260,0000, which is more than £7,000 higher than a year ago.

What will happen to house prices for the rest of 2025?

House prices are expected to remain steady with a slow, upward trend for the remainder of 2025.

As Halifax notes in its latest house price analysis: "Challenges remain for those looking to move up or onto the property ladder.

“But with mortgage rates continuing to ease and wages still rising, the picture on affordability is gradually improving.

“Combined with more flexible affordability assessments, the result is a housing market that continues to show resilience, with activity levels holding up well.

“We expect house prices to follow a steady path of modest gains through the rest of the year.”

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What's happening to house prices near me?

Land Registry has the most comprehensive data regarding housing stock, and it provides a handy regional breakdown of house prices across the UK.

This data takes slightly longer to compile, so it isn't quite as up-to-date as the other property indices – its latest prices cover up to June 2025 – but it nonetheless provides an interesting insight into how areas are faring relative to each other. 

In the 12 months up to that point, prices increased in every region.

The housing market in the North East of England has proved by far the most buoyant over that period, with prices jumping 7.8% annually.

Scotland (5.9%), Northern Ireland (5.5%), and the North West of England (5%) also saw strong growth over the year.

However, property values were more subdued in other areas, with London seeing a mere 0.8% increase.

See the table below for a full breakdown of prices by region. 

What the indices say

HomeOwners Alliance
“Property transactions continue to pick up and sales market activity is seasonally strong, with buyer demand reported to be 11% higher than a year ago, with 8% more agreed sales.

“While levels of market activity are higher, this is not translating into faster house price growth.

“With homes for sale reported to be up 12% on a year ago, with even higher levels in London and the South East/ West, buyers have lots of homes to choose from and this is limiting house price inflation.

“There are also reports that higher Stamp Duty costs in England and NI are impacting what buyers are bidding on homes, lowering agreed house prices.”

Rightmove
“We’re seeing an interesting dynamic between pricing and activity levels. The healthy and improving level of property sales being agreed shows there are motivated buyers willing to finalise a deal for the right property.

“What’s most important to remember in this market is that the price is key to selling.

“The number of sales being agreed is 5% higher than this time last year, the number of future buyers contacting agents is 6% higher than last year and average new seller asking prices are now just 0.1% higher than they were a year ago.

“At the halfway point of the year, Rightmove is reducing its price forecast for 2025 from +4% to 2% as the high level of seller competition is limiting price growth and retaining its prediction of 1.15 million transactions this year.”

Nationwide
“July saw a modest pick-up in the rate of annual house price growth to 2.4%, from 2.1% in June.

“Prices increased by 0.6% month on month, after taking account of seasonal effects.

“Looking through the volatility generated by the end of the Stamp Duty holiday, activity appears to be holding up well.

“Indeed, 64,200 mortgages for house purchase were approved in June – in line with the pre-pandemic average (despite the changed interest rate environment).

“Housing affordability has been steadily improving, thanks to a period of strong income growth alongside more subdued house price growth and a modest fallback in mortgage rates.”

Halifax
"UK house prices rose in July, +0.4% (£1,080 in cash terms), the biggest monthly increase since the start of this year.

“The average house price is now £298,237, +2.4% higher than a year ago. Challenges remain for those looking to move up or onto the property ladder.

“But with mortgage rates continuing to ease and wages still rising, the picture on affordability is gradually improving.

“Combined with more flexible affordability assessments, the result is a housing market that continues to show resilience, with activity levels holding up well.

“We expect house prices to follow a steady path of modest gains through the rest of the year.”

Zoopla
“Sales market activity is seasonally strong for July, with buyer demand 11% higher than a year ago and 8% more sales agreed. 

“While levels of market activity are higher, this is not translating into faster house price growth.

“House price inflation is being impacted by a greater supply of homes for sale.

“There are 12% more homes for sale nationally, 19% more in London and 16% more in the South East and West than a year ago, which boosts choice and supports a buyers’ market where bids can be kept competitive, keeping price inflation in check.

“While more homes for sale is one factor behind slower price inflation, the other big change has been higher Stamp Duty costs in England and Northern Ireland – buyers will seek to reflect higher buying costs in what they bid for which impacts agreed house prices.”

RICS
"The July 2025 RICS Residential Market Survey results convey a relatively weak backdrop at present.

“Indeed, some of the tentative signs of recovery that appeared to be emerging in the previous monthly feedback were partially reversed, with measures of demand and agreed sales slipping back into slightly negative territory.

“Meanwhile, forward-looking sentiment now points to a largely flat picture for activity in the near-term.”