Mapped: House prices by area as new record high reached
According to the latest Califax index, an average UK house price broke a new record in August 299,331 and pointed out the third monthly increase in a row, according to the latest Califax index.
August, 0.4 percent in July and 0.1 percent in June after 0.3 percent increased. However, the annual growth rate continued to slow down by falling to 2.5 percent in August and 2.5 percent in July and 2.7 percent in June.
When we look at England, Khalifax said that North Ireland continues to lead the UK for annual home price growth, and although its average property values increased by 8.1% annually, this was recorded in the previous month.
Scotland saw the next most powerful annual increase and prices increased by 4.9% annually in August.
Halifax said it was “open north/south division” throughout England.
North East, North West and Yorkshire and Humber recorded annual growth over 4%.
In contrast, the South West saw that home prices fell by 0.8% last year, which was the first British country or region to decrease annually since Eastern England in July 2024.
Califax, London continues to see a modest growth with an annual increase of 0.8%, but the average property value continues to be the most expensive part of the UK with £ 541.615.
Mortgage President Amanda Bryden said: “Although the average price of property is currently decreasing to 2.2%, a new record is high – £ 299.
“In 2025, the story of the housing market became one of the stability. Since January, prices have increased less than £ 600 and stressed how stable the market is despite the broader economic pressures.
“Although the total prices are higher, for the first time, the average property values for buyers move in the opposite direction during the summer, which is a trend to be welcomed by those who want to enter the stairs.
“For those who can overcome the obstacle to a deposit saving, figures are increasing. Typical Receiver ownership for the first time, the cost of £ 237,577 with a decrease of 0.6% since May.”
At the beginning of this week, a separate index from Nationwide Building Society showed that the average UK house price fell by 0.1% per month in August.
Nationwide said that home price growth may be a reflection of the “relatively suppressed pace” with long -term norms.
Tom Bill, the President of the UK Housing Research in Knight Frank, said: “Stable mortgage rates helped the housing market back to the feet after the April stamp tax cliff, but the high supply levels mean that the annual price increase is reduced.”
Karen Noye, the mortgage expert of Wealth Manager Quilter, said: “The figures point to a market that continues to challenge expectations when printed.
“The Bank of England data, which is released this week, showed that mortgage approvals slightly increased and shows that demand has begun to heal slowly. Even when summer ends, it offers some green optimism shoots.
“Nevertheless, it is a basic restriction. Mortgage ratios, although lower than their peaks, has returned to the adhesive and even in recent weeks as the swap rates rose further.
“For the first time, buyers still encounter a frightening obstacle, while many hosts are reluctant to receive new borrowing, and the transaction volumes are depressed.”
Alice House, the personal finance analyst of Bestınvest’s Partners’ Partners, said: ısı The recent increases in the long -term bond returns caused by the public finance and global economic and geopolitical concerns may have impact on mortgages.
“A continuous increase in long-term borrowing costs is the risk of increasing mortgage rates-something that will prevent the meeting levels at the point where the piyasa begins to heal.”
Sarah Coles, the person of personal finance in Hargreaves Lansdown, said that the sellers might want to “want to wait before opening the bubble,” because the future is far from definite ”.
“Now housing prices are high records, purchasing risks are stretching. Meanwhile, there is a lot of things that can damage the price increase.
“The employment market is weakening. New figures from the Bank of the UK are cutting jobs at the fastest speed of businesses since 2001 and they do not plan to hurry.
“The power of the labor market forms the basis of the real estate market, so we could see that these foundations became more shaky. Meanwhile, the uncertainty created by the budget speculation postpones the buyers.”
According to the Califax, the average housing prices and then the regional annual change figures after the annual change are based on the last three -month mortgage transaction data):
East Midlands, £ 245,299, 1.6%
Eastern England, £ 334,860, 1.1%
London, £ 541,615, 0.8%
North East, £ 179,799, 4.7%
North West, 243,776 £, 4.5%
Northern Ireland, £ 217,082, 8.1%
Scotland, £ 215,594, 4.9%
South East, £ 387.509, 0.3%
South West, 301,134 £, minus 0.8%
Wales, £ 227,786, 1.6%
West Midlands, £ 259.575, 1.8%
Yorkshire and Humber, £ 217,674, 4.1%
“In general, the housing market is stable, but with increasing new instructions, longer trading times and more competition for buyers, the sellers must have realistic expectations if they want to act before the end of the year.”
Jonathan Handford, General Manager of Real Estate Fine & Country, said: “The real estate market has worn well in the summers and typically bringing a new transport wave after the holiday in autumn, it is likely to be an intensive period for agents.”
