UK house prices rose to an average of £269,000 in June, as cheaper mortgages and growing confidence have helped to boost the market.
Annual house price growth in the UK went up to 3.7% in the year to June 2025, up from 2.7% in May, according to the latest UK House Price Index, published by the Office for National Statistics.
According to figures published on 20 August, on average, prices have risen by 1.4% since May 2025. The average UK house price was £269,000 at the end of June.
The North East of England showed the most significant monthly price increase, with monthly growth of 3.4% and annual growth of 7.8%. London saw the lowest annual price growth of just 0.8%.
The figures also showed that the estimated number of transactions of residential properties with a value of £40,000 or more was 94,000. This is 1.3% higher than a year ago. Between May 2025 and June 2025, UK transactions increased by 13.4% on a seasonally adjusted basis.
Housing market momentum
One property spokesperson said these figures show renewed momentum in the housing market. House price growth has been steady, and buyers are demonstrating more confidence in the market.
With a broader range of mortgage products and rates decreasing, the housing market looks set to continue improving. Market experts say that there should be more positive movement in house prices in the months to come.
Average UK house prices
• Detached properties were priced at £470,000 in June 2025, compared to £451,000 in June 2024.
• Semi-detached homes in the UK were priced at £286,000 in June 2025 compared to £273,000 in June 2024.
• Terraced houses went up to £243,000 in June 2025 – up from £234,000 in June 2024.
Flats and maisonettes decreased in value
However, prices for flats and maisonettes decreased slightly from June 2024 to June 2025. The average price in June this year was £223,000 compared to £225,000 in June 2024.
The Office for National Statistics’ House Price Index is based on completed household transactions.