Reports
Annual house price growth edged higher in May
- Annual rate of house price growth increased marginally in May to 3.5%, compared to 3.4% in April
- House prices were up 0.5% month on month
- House prices in predominantly rural areas have risen by 23% over the last five years, compared to 18% in more urban areas
Rural rules the roost as countryside homes plough ahead of urban properties for house price growth
- House prices in predominantly rural areas have risen by 23% over the last five years, compared to 18% in predominantly urban areas
- Rural terraced properties have seen the strongest rate of price growth, urban flats the weakest
Annual house price growth slows slightly in April
- Annual rate of house price growth slowed to 3.4% in April, from 3.9% in March
- House prices down 0.6% month-on-month
Annual house price growth steady in March
- Annual rate of house price growth remained stable in March at 3.9%, unchanged from February
- Northern Ireland remained the top performing area, with annual price growth accelerating to 13.5%
- London weakest performing region, with 1.9% year-on-year rise
House price growth remains solid in February
- Annual rate of house price growth remained broadly stable in February at 3.9%, compared with 4.1% in January
- House prices up 0.4% month on month
- Recovery in housing market transactions in 2024
House price growth softens at the start of 2025
- Annual rate of house price growth slowed to 4.1% in January, compared with 4.7% in December
- House prices up 0.1% month on month
- Little change in overall rate of home ownership in recent years despite affordability pressures
Affordability stretched, but gradually improving
- Modest improvement over past year, but affordability remains stretched by historic standards
- Considerable variation in affordability across occupational groups
- Affordability most stretched in London and South of England, with North of England & Scotland the most affordable
Strong end to the year for UK house prices
- UK house prices up 4.7% year on year in December
- Northern regions see higher price growth than southern regions
- Northern Ireland best performing area for second year running, with prices up 7.1% over 2024
- East Anglia weakest performing region, with prices up 0.5% over the year
Nationwide House Price Review and Outlook for 2025: Housing market resilient despite ongoing affordability challenges
- Housing market activity proved resilient in 2024 despite ongoing affordability challenges
- House prices to see growth broadly in the range of 2% to 4% in 2025
Annual house price growth rebounds in November
- UK house prices rose 1.2% month on month
- Annual growth rate rebounded to 3.7%, from 2.4% in October – fastest since November 2022
- House prices now just 1% below all-time peak
25% house price premium in National Parks
- 25% premium for a property situated within a National Park
- 7% premium for a property within 5km of a National Park
- 15% premium for a property located in an Area of Outstanding Natural Beauty (AONB)
Annual house price growth slows in October
- UK house prices rose 0.1% month on month in October
- Annual growth rate slowed to 2.4%, from 3.2% in September
