Average UK House Price 2026: ONS House Price Index

The detail

The UK House Price Index for July 2026, published on 16 September 2026, put the average UK house price at £273,000, up 1.4% in the 12 months to July. That is down from 1.5% in the 12 months to June: ONS says the annual rate has slowed for three consecutive months, mainly because of a sharp slowdown in the South West, with London and the West Midlands also contributing. ONS treats UK HPI estimates for the latest 12 months as provisional and subject to revision.

Country breakdown: England £293,000 (+1.1%), Wales £215,000 (+2.6%), Scotland £196,000 (+2.3%) and Northern Ireland £202,000 (+9.2%). Northern Ireland is published quarterly, so its figure is for April to June 2026. ONS notes that its high annual rate partly reflects weak growth a year earlier, which coincided with Stamp Duty Land Tax changes in Northern Ireland from 1 April 2025; it is the highest Northern Ireland rate since late 2022.

Within England, the North East had the highest annual growth at 4.9% (average £167,000), followed by the North West at 4.4% (£221,000). London had the lowest, a fall of 3.3% to an average of £550,000: the eleventh consecutive month of annual falls, with Inner London particularly affected, and £19,000 below its July 2025 peak. The South West also fell slightly, by 0.2%.

London still has by far the highest average price. At £550,000 it is more than three times the North East average of £167,000, so the fall there has done little to close the regional gap in pounds.