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1. Headline statistics for March 2025

Estimates for the most recent months are provisional and are likely to be updated as more data is incorporated into the index. Read Revisions to the UK HPI data.

In September 2024鈥檚 release, UK House Price Index (UK HPI) estimates were revised from January 2022 onwards by making use of price data processed outside the UK HPI鈥檚 normal 12-month revision period. In October 2024鈥檚 release, UK HPI returned to the usual聽12-month revision period. Users should be aware that revisions may be larger than usual and should note the significantly greater uncertainty around new build prices.

Previously, UK HPI had a reference period of January 2015. In February 2025鈥檚 release, UK HPI鈥檚 reference period was updated to January 2023, so UK HPI indices now report January 2023 equals 100. Re-referencing ensures the UK HPI reflects the price of the 鈥渁verage鈥� property currently being sold and shifts the entire price level series for each geography and breakdown by a constant percentage without affecting inflation rates. Read more in ONS鈥� .

2. Economic statement

Average UK house price annual inflation was 6.4% (provisional estimate) in the 12 months to March 2025, up from the revised estimate of 5.5% in the 12 months to February 2025.

The average UK house price was 拢271,000 in March 2025 (provisional estimate), which is 拢16,000 higher than 12 months ago. Average house prices in the 12 months to March 2025 increased in England to 拢296,000 (6.7%), increased in Wales to 拢208,000 (3.6%) and increased in Scotland to 拢186,000 (4.6%). The average house price increased in the year to Q1 (Jan to Mar) 2025 to 拢185,000 in Northern Ireland (9.5%).

On a non-seasonally adjusted basis, average UK house prices increased by 1.1% between February 2025 and March 2025, compared with an increase of 0.2% in the same period 12 months ago. On a seasonally adjusted basis, average house prices in the UK increased by 1.4% between February 2025 and March 2025.

Of English regions, annual house price inflation was highest in the North East, where prices increased by 14.3% in the 12 months to March 2025. London was the English region with the lowest annual inflation, where prices increased by 0.8% in the 12 months to March 2025.

The Royal Institution of Chartered Surveyors鈥� (RICS鈥�) reported that buyer enquiries and agreed sales indicators moved deeper into negative territory. RICS also reported that house prices were largely flattening out over the past few months across most parts of the UK, although Scotland and Northern Ireland continued to show a more resilient upward trend.

贬惭搁颁鈥檚 UK Property Transactions Statistics showed that in March 2025, on a seasonally adjusted basis, the estimated number of transactions of residential properties with a value of 拢40,000 or greater was 177,000. This is 104.3% higher than 12 months ago (March 2024). Between February 2025 and March 2025, UK transactions increased by 61.7% on a seasonally adjusted basis. On a non-seasonal basis, HMRC reported that transactions volumes increased by 89% and 47% in England and Northern Ireland, respectively, while volumes increased by only 15% and 19% in Scotland and Wales, respectively. The sharp increase in UK transactions volumes in March 2025 (particularly in England and Northern Ireland) to levels not seen since 2021 (when previous changes to Stamp Duty occurred), likely reflects buyers rushing to complete property purchases before the 1 April 2025 Stamp Duty changes in England and Northern Ireland.

The release reported that mortgage approvals for house purchases, an indicator of future borrowing, decreased for the third consecutive month, with a fall of 800 to 64,300 in March 2025.

The reported a subdued sales market where potential buyers are uncertain about the economic environment. The increase in Stamp Duty Land Tax (SDLT) from April has not had a significant effect on the timing of transaction in England and Northern Ireland.

3. Price changes

3.1 Annual price change

Annual price change for UK by country over the past 5 years

Average UK house price annual inflation was 6.4% (provisional estimate) in the 12 months to March 2025, up from the revised estimate of 5.5% in the 12 months to February 2025.

The average UK house price was 拢271,000 in March 2025 (provisional estimate), which is 拢16,000 higher than 12 months ago. Average house prices in the 12 months to March 2025 increased in England to 拢296,000 (6.7%), increased in Wales to 拢208,000 (3.6%) and increased in Scotland to 拢186,000 (4.6%). The average house price increased in the year to Q1 (Jan to Mar) 2025 to 拢185,000 in Northern Ireland (9.5%).

3.2 Average price by country and government office region

Price, monthly change and annual change by country and government office region

Country and government office region	Price	Monthly change	Annual change
England	拢295,654	1.3%	6.7%
Northern Ireland (Quarter 1 - 2025)	拢185,037	1.0%	9.5%
Scotland	拢185,939	0.4%	4.6%
Wales	拢208,093	0.2%	3.6%
East Midlands	拢243,973	0.7%	7.1%
East of England	拢343,876	1.4%	6.5%
London	拢552,073	-0.3%	0.8%
North East	拢168,227	4.2%	14.3%
North West	拢217,063	2.5%	9.4%
South East	拢386,316	0.4%	5.3%
South West	拢310,837	0.7%	5.3%
West Midlands Region	拢250,015	1.2%	7.8%
Yorkshire and The Humber	拢211,155	2.3%	9.5%

Price changes by country and government office region

On a non-seasonally adjusted basis, average UK house prices increased by 1.1% between February 2025 and March 2025, compared with an increase of 0.2% in the same period 12 months ago. On a seasonally adjusted basis, average house prices in the UK increased by 1.4% between February 2025 and March 2025.

3.3 Average price by property type

Average monthly price by property type

Property type	March 2025	March 2024	Difference
Detached	拢437,325	拢416,298	5.1%
Semi-detached	拢275,162	拢254,265	8.2%
Terraced	拢228,968	拢211,943	8.0%
Flat or maisonette	拢199,520	拢193,000	3.4%
All	拢271,415	拢255,082	6.4%

4. Sales volumes

In 2024, HMLR successfully returned to processing over 40% of HM Revenue & Customs鈥� provisional sales estimate for UK HPI鈥檚 first estimate (the target specified in the UK HPI Quality and Methodology guidance). UK HPI sales volume estimates for older periods and new builds remain lower than historical averages, but continue to improve. Users should be aware that revisions may be larger than historically and should note the greater uncertainty around new build prices.

Potential methodology improvements are being investigated, aimed at reducing revisions in UK HPI estimates. Read more in ONS鈥� .

4.1 Sales volumes

Number of sales volumes by country

Provisional UK HPI estimates for March 2025 are based on approximately 58,600 records for England, 6,400 for Scotland, and 1,800 for Wales. This represents 41% of 贬惭搁颁鈥檚 provisional sales estimate for March 2025, as detailed in their Monthly property transactions completed in the UK with value of 拢40,000 or above estimates. Over time, more records will become available for recent periods, which will be used to revise UK HPI estimates and sales volumes, in line with the revision policy published by the ONS and HMLR.

Sales estimates from UK HPI differ from estimates from HMRC because of different data sources, revision period size and coverage. 贬惭搁颁鈥檚 Quality report states there are likely to be inaccuracies in their data because of reporting or keying errors, such as misclassification between residential and non-residential transactions. However, HMRC take steps to reduce this measurement error. Another reason for differences could be that residential property transactions, where the buyer or seller is a corporate body, company or business, are excluded from UK HPI data, but included in HMRC data.

Further information on data sources, revision policy, methods and quality is available in HMLR鈥檚鈥�UK HPI guidance.

Comparing the provisional volume estimate for the current month with the revised volume estimate for the corresponding month in the previous year

Country	January 2025	January 2024
England	36,265	41,790
Northern Ireland	1,822	1,616
Scotland	6,813	6,139
Wales	1,874	2,082

Comparing the provisional UK HPI volume estimate for January 2024 with the provisional UK HPI volume estimate for January 2025, volume transactions increased by 87.3% in England, 12.7% in Scotland and 80.0% in Wales. Northern Ireland鈥檚 UK HPI volume transactions increased by 20.6% in the year to Quarter 1 2025.

UK Property Transaction Statistics聽published by HM Revenue & Customs (which differ in coverage but are more complete for this period) report that in the 12 months to January 2025, on a non-seasonally adjusted basis, HMRC volume transactions increased by 23.0% in England, increased by 12.9% in Scotland, increased by 22.2% in Wales and increased by 19.5% in Northern Ireland.

4.2 Sales volumes for the UK over the past 5 years

Sales volumes for 2021 to 2025 by country: January

Comparing the provisional UK HPI volume estimate for January 2024 with the provisional UK HPI volume estimate for January 2025, UK volume transactions increased by 67.3%.

UK Property Transaction Statistics published by HM Revenue & Customs (which differ in coverage but are more complete for this period) report that on a non-seasonally adjusted basis, HMRC volume transactions for the UK increased by 22.0% in the 12 months to January 2025.

New build and existing resold property

Property status	Average price January 2025	Monthly change	Annual change
New build	拢381,055	-0.7%	17.1%
Existing resold property	拢261,959	0.2%	3.7%

5. Buyer status for Great Britain

First time buyer and former owner occupier

For Great Britain only, Northern Ireland data is not available for buyer status.

Type of buyer	Average price March 2025	Monthly change	Annual change
First time buyer	拢230,857	1.7%	7.1%
Former owner occupier	拢331,844	0.4%	5.4%

6. Funding status for Great Britain

Cash and mortgage

For Great Britain only, Northern Ireland data is not available for funding status.

Funding status	Average price March 2025	Monthly change	Annual change
Cash	拢258,369	1.1%	5.5%
Mortgage	拢281,080	1.1%	6.7%

7. Access the data

Download the data as CSV files or access it with .

Data revisions

View any revisions to previously published data in the data downloads or find out more about revisions in our guidance About the UK HPI.

8. Housing transaction distributions

Between October and December 2024, there were 190,576 property sales.

The most popular price range for:

• England was 拢225,000 - 拢249,999 鈥� 9,975 properties were purchased
• Scotland was 拢125,000 to 拢149,999 鈥� 2,590 properties were purchased
• Wales was 拢150,000 to 拢174,999 鈥� 1,019 properties were purchased
• Northern Ireland was 拢175,000 to 拢199,999 鈥� 872 properties were purchased

The charts below show the distribution of housing transactions for Q4 (October to December) 2024 for countries of the UK. Data for Great Britain is presented in bands of 拢25,000 up to 拢10 million, followed by a larger band for over 拢10 million. Data for Northern Ireland is presented in bands of 拢25,000 up to 拢500,000, followed by a larger band for over 拢500,000.

In line with the聽UK HPI revisions policy, the number of transactions will increase as more data are incorporated into the index, which would also impact the distributions presented in this analysis.

England housing transactions

Price band	Housing transactions
less than 拢25,000	28
拢25,000 - 拢49,999	411
拢50,000 - 拢74,999	1768
拢75,000 - 拢99,999	3702
拢100,000 - 拢124,999	5379
拢125,000 - 拢149,999	7602
拢150,000 - 拢174,999	9023
拢175,000 - 拢199,999	9796
拢200,000 - 拢224,999	9655
拢225,000 - 拢249,999	9975
拢250,000 - 拢274,999	9617
拢275,000 - 拢299,999	9032
拢300,000 - 拢324,999	7952
拢325,000 - 拢349,999	7101
拢350,000 - 拢374,999	6739
拢375,000 - 拢399,999	6025
拢400,000 - 拢424,999	5309
拢425,000 - 拢449,999	4567
拢450,000 - 拢474,999	3976
拢475,000 - 拢499,999	3474
拢500,000 - 拢524,999	2760
拢525,000 - 拢549,999	2546
拢550,000 - 拢574,999	2237
拢575,000 - 拢599,999	2066
拢600,000 - 拢624,999	1897
拢625,000 - 拢649,999	1757
拢650,000 - 拢674,999	1428
拢675,000 - 拢699,999	1229
拢700,000 - 拢724,999	1078
拢725,000 - 拢749,999	922
拢750,000 - 拢774,999	1024
拢775,000 - 拢799,999	781
拢800,000 - 拢824,999	690
拢825,000 - 拢849,999	621
拢850,000 - 拢874,999	700
拢875,000 - 拢899,999	492
拢900,000 - 拢924,999	451
拢925,000 - 拢949,999	375
拢950,000 - 拢974,999	397
拢975,000 - 拢999,999	318
拢1,000,000 - 拢1,249,999	1644
拢1,250,000 - 拢1,499,999	977
拢1,500,000 - 拢1,749,999	522
拢1,750,000 - 拢1,999,999	315
拢2,000,000 - 拢4,999,999	584
拢5,000,000 - 拢9,999,999	65
greater than 拢10,000,000	16

Scotland housing transactions

Price band	Housing transactions
less than 拢25,000	64
拢25,000 - 拢49,999	562
拢50,000 - 拢74,999	1372
拢75,000 - 拢99,999	2112
拢100,000 - 拢124,999	2323
拢125,000 - 拢149,999	2590
拢150,000 - 拢174,999	2367
拢175,000 - 拢199,999	2148
拢200,000 - 拢224,999	1800
拢225,000 - 拢249,999	1825
拢250,000 - 拢274,999	1612
拢275,000 - 拢299,999	1376
拢300,000 - 拢324,999	1142
拢325,000 - 拢349,999	904
拢350,000 - 拢374,999	774
拢375,000 - 拢399,999	578
拢400,000 - 拢424,999	515
拢425,000 - 拢449,999	349
拢450,000 - 拢474,999	335
拢475,000 - 拢499,999	259
拢500,000 - 拢524,999	206
拢525,000 - 拢549,999	171
拢550,000 - 拢574,999	134
拢575,000 - 拢599,999	122
拢600,000 - 拢624,999	110
拢625,000 - 拢649,999	76
拢650,000 - 拢674,999	68
拢675,000 - 拢699,999	70
拢700,000 - 拢724,999	56
拢725,000 - 拢749,999	50
拢750,000 - 拢774,999	38
拢775,000 - 拢799,999	35
拢800,000 - 拢824,999	34
拢825,000 - 拢849,999	29
拢850,000 - 拢874,999	24
拢875,000 - 拢899,999	17
拢900,000 - 拢924,999	19
拢925,000 - 拢949,999	10
拢950,000 - 拢974,999	16
拢975,000 - 拢999,999	14
拢1,000,000 - 拢1,249,999	56
拢1,250,000 - 拢1,499,999	28
拢1,500,000 - 拢1,749,999	12
拢1,750,000 - 拢1,999,999	4
拢2,000,000 - 拢4,999,999	8
拢5,000,000 - 拢9,999,999	0

Wales housing transactions

Price band	Housing transactions
less than 拢25,000	0
拢25,000 - 拢49,999	21
拢50,000 - 拢74,999	118
拢75,000 - 拢99,999	345
拢100,000 - 拢124,999	623
拢125,000 - 拢149,999	866
拢150,000 - 拢174,999	1019
拢175,000 - 拢199,999	939
拢200,000 - 拢224,999	735
拢225,000 - 拢249,999	690
拢250,000 - 拢274,999	550
拢275,000 - 拢299,999	488
拢300,000 - 拢324,999	350
拢325,000 - 拢349,999	348
拢350,000 - 拢374,999	298
拢375,000 - 拢399,999	246
拢400,000 - 拢424,999	138
拢425,000 - 拢449,999	130
拢450,000 - 拢474,999	102
拢475,000 - 拢499,999	92
拢500,000 - 拢524,999	52
拢525,000 - 拢549,999	46
拢550,000 - 拢574,999	39
拢575,000 - 拢599,999	33
拢600,000 - 拢624,999	30
拢625,000 - 拢649,999	31
拢650,000 - 拢674,999	16
拢675,000 - 拢699,999	22
拢700,000 - 拢724,999	13
拢725,000 - 拢749,999	11
拢750,000 - 拢774,999	11
拢775,000 - 拢799,999	9
拢800,000 - 拢824,999	5
拢825,000 - 拢849,999	4
拢850,000 - 拢874,999	5
拢875,000 - 拢899,999	2
拢900,000 - 拢924,999	4
拢925,000 - 拢949,999	4
拢950,000 - 拢974,999	1
拢975,000 - 拢999,999	3
拢1,000,000 - 拢1,249,999	11
拢1,250,000 - 拢1,499,999	6
拢1,500,000 - 拢1,749,999	2
拢1,750,000 - 拢1,999,999	3
拢2,000,000 - 拢4,999,999	0

Northern Ireland housing transactions

Price band	Housing transactions
less than 拢25,000	6
拢25,000 - 拢49,999	60
拢50,000 - 拢74,999	250
拢75,000 - 拢99,999	540
拢100,000 - 拢124,999	728
拢125,000 - 拢149,999	761
拢150,000 - 拢174,999	825
拢175,000 - 拢199,999	872
拢200,000 - 拢224,999	553
拢225,000 - 拢249,999	459
拢250,000 - 拢274,999	311
拢275,000 - 拢299,999	284
拢300,000 - 拢324,999	208
拢325,000 - 拢349,999	173
拢350,000 - 拢374,999	123
拢375,000 - 拢399,999	102
拢400,000 - 拢424,999	72
拢425,000 - 拢449,999	71
拢450,000 - 拢474,999	50
拢475,000 - 拢499,999	46
greater than 拢500,000	184

9. About the UK House Price Index

The UK House Price Index (UK HPI) is calculated by the Office for National Statistics and Land & Property Services Northern Ireland. Find out about the methodology used to create the UK HPI.

Data for the UK House Price Index is provided by HM Land Registry, , and the Valuation Office Agency.

Find out more about the UK House Price Index.

A key determinant of house prices is the demographic characteristics of the area in which the property is located. The UK HPI uses the socio-demographic classification, known as Acorn, in the hedonic regression model to measure the affluence of the area.

Prior to 20 December 2023鈥檚 publication, property transactions in Great Britain were excluded from the regression model if their Acorn classification was missing. From 20 December 2023鈥檚 publication, these properties are included in the regression model from January 2023鈥檚 data onwards, but are given less weight in the calculations, as described above. This methodology improvement aligns how transactions with missing Acorn classification are used in the Great Britain model and Northern Ireland model, increasing coherence across the UK and improving the quality of UK HPI statistics.

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