user.first_name
Menu

Mortgage News

Annual house price change comes to 2.8%, ONS says

Annual house price change comes to 2.8%, ONS says
Anna Sagar
Written By:
Posted:
September 17, 2025
Updated:
September 17, 2025

The annual house price change for a property came to 2.8% in July, which is down from 3.6% in June.

According to the latest Office for National Statistics (ONS) figures, the monthly house price change on a non-seasonally adjusted basis stood at a 0.3% increase, which compares to 1.1% in the same period a year ago. This compares to a 0.7% fall on a seasonally adjusted basis.

The report added that the average price of a property in July was £270,000. This is £8,000 higher than 12 months ago.

The ONS found that the average house price in England came to £393,000 in July, a rise of 2.7%, while Wales came to £209,000, an increase of 2%.

The average house price in Scotland stood at £192,000, a jump of 3.3%, and in Northern Ireland, the average house price was £185,000, up 5.5%.

Within the English regions, annual house price inflation was highest in the North East, where prices increased by 7.9% in the 12 months to July 2025.

Sponsored

£2.5m paid to help broker clients benefit from greener homes

Sponsored by Halifax Intermediaries

London was the English region with the lowest annual inflation, where prices increased by 0.7% in the 12 months to July 2025.

Looking at specific property types, the average house price for detached properties rose 3.6% year-on-year to £440,309.

Average semi-detached property prices came to £272,456, also an annual increase of 3.6%.

Average new-build prices came to £350,787, while existing resold property was £260,607. These are annual changes of 7.8% and 2.1% respectively.

The average first-time buyer property price was £228,233 and the former owner-occupied average price stood at £331,693, up 2.9% and 2.6% year-on-year.

The average house price for those with a mortgage was £279,203, a rise of 3% annually.

Average terraced house prices were estimated at £226,794, a rise of 2.8%, while flat or maisonette pricing rose 0.7%.

Provisional UK house price index (HPI) estimates for July 2025 are based on approximately 38,000 records for England, 7,000 for Scotland, and 2,100 for Wales.