UK statistics

Average UK House Price 2026: ONS House Price Index

The ONS House Price Index put the average UK house price at £270,000 in the 12 months to April 2026 - up 3.8%. Country split: England £290,000 (+0.8%), Wales £210,000 (+2.5%), Scotland £187,000 (+2.3%), Northern Ireland £198,000 (+7.4%). London is the only English region with falling prices (-2.1%); the North East is fastest rising at +9.9%.

Headline numbers

Average UK house price
£270,000

ONS HPI April 2026

Annual house price growth
+3.8%

12m to April 2026

London annual change
-2.1%

only English region falling

The detail

The ONS UK House Price Index for April 2026 put the average UK house price at £270,000, up 3.8% in the 12 months. Annual growth has accelerated modestly from the 2-3% range that dominated 2023-2024, but remains well below the 8-12% pandemic-era peaks.

Country breakdown: England £290,000 (+0.8%), Wales £210,000 (+2.5%), Scotland £187,000 (+2.3%), Northern Ireland £198,000 (+7.4% Quarter 1 2026 vs 2025). Northern Ireland leads on growth rate, partly because Belfast and Greater Belfast were lower-base markets that have caught up sharply post-pandemic.

English regional divergence is the headline story. The North East is the fastest-rising region at +9.9% annual growth (median terraced £155,000 → £170,000), driven by sub-£200k affordability attracting both first-time buyers and London-to-North migration. London is the only English region with negative growth at -2.1% annual - prices in central boroughs are bumping into post-stamp-duty-cut affordability limits even with 2025-26 rate cuts from the Bank of England.

Practical implication for buyers: the affordability gap between London and the rest of UK has narrowed materially. A £40,000-salary first-time buyer is locked out of London at the 4.5x LTI cap (max approximately £180,000 mortgage vs typical 1-bed flat £350,000+) but can comfortably target the North East median terraced at the same income level.

Sources

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