The latest Office for National Statistics (ONS) figures show that this annual growth rate is up from the 1.9% recorded in October.
Average house prices in England came to £293,000 in November, an increase of 2.2% year-on-year and up from 1.5% in the prior month.
England
Within England, the North East had the highest house price inflation at 6.8%, with London being the lowest, with prices falling by 1.2% in the 12 months to November.
- North East: Highest house price inflation 6.8%
- London: Lowest, with prices falling 1.2% in the 12 months to November
Wales
In Wales, the average house price came to £209,000 in November, an increase of 0.7% year-on-year and below the 1.4% recorded in October.
Scotland
The average house price in Scotland stood at £193,000 in November, a rise of 4.5% on the prior year and up from 3.8% annual growth in October.
What mortgage and protection advisers should take from the FCA’s AI stance
Sponsored by Sesame Bankhall Group
Northern Ireland
Looking at Northern Ireland, the average house price stood at £193,000 in Q3, which is a 7.1% increase on the same period the year before.
Rents rise by 4% YOY
Average UK monthly private rents increased by 4% year-on-year to £1,368 in the 12 months to December, which is slightly down from 4.4% in the same period last year.
England
In England, the average monthly rent stood at £1,424 in December, which is 3.9% up on the year before and is the lowest annual inflation since May 2022.
Within England, the North East had the highest annual rent inflation at 7.9%, with rent inflation the lowest in London at 2.1%.
- North East: Highest annual rent inflation at 7.9%
- London: Lowest annual rent inflation at 2.1%
Wales
Looking at Wales, the average monthly rent came to £822, a rise of 5.7% on December 2024. This is down from the 6.1% recorded in November.
Scotland
In Scotland, the average monthly rent stood at £1,018 in December, an increase of 2.8% year-on-year and the lowest annual rise in over four years.
Northern Ireland
Average monthly rent in Northern Ireland came to £873 in October, up 8.7% on a year earlier. This is lower than the rise of 6.4% recorded in September.
All figures are taken from the Office for National Statistics (ONS) UK House Price Index and Private Rental Index, January 2026.
