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The March data shows:

• on average, house prices have risen 1.1% since February 2025
• there has been an annual price rise of 6.4% which makes the average property in the UK valued at 拢271,000

England

In England, the March Data shows on average, house prices rose by 1.3% since February 2025. The annual price rise of 6.7% takes the average property value to 拢296,000.

• The North East experienced the most significant monthly increase with a movement of 4.2%
• London saw the greatest monthly price fall, with a fall of -0.3%
• The North East experienced the greatest annual price rise, up by 14.3%
• London saw the lowest annual price growth, with a rise of 0.8%

The regional data for England indicates that:

Price change by region for England

Region	Average price March 2025	Annual change % since March 2024	Monthly change % since February 2025
East Midlands	拢244,000	7.1	0.7
East of England	拢344,000	6.5	1.4
London	拢552,000	0.8	-0.3
North East	拢168,000	14.3	4.2
North West	拢217,000	9.4	2.5
South East	拢386,000	5.3	0.7
South West	拢311,000	5.3	0.7
West Midlands	拢250,000	7.8	1.2
Yorkshire and the Humber	拢211,000	9.5	2.0

Repossession sales by volume for England

The lowest number of repossession sales in January 2025 was in the South West.

The highest number of repossession sales in January 2025 was in the North East.

Repossession sales	January 2025
East Midlands	6
East of England	5
London	15
North East	20
North West	11
South East	12
South West	1
West Midlands	6
Yorkshire and the Humber	14
England	90

Average price by property type for England

Property type	March 2025	March 听2024	Difference %
Detached	拢471,000	拢448,000	5
Semi-detached	拢291,000	拢268,000	8.5
Terraced	拢247,000	拢228,000	8.4
Flat/maisonette	拢231,000	拢222,000	3.9
All	拢296,000	拢277,000	6.7

Funding and buyer status for England

Transaction type	Average price March 2025	Annual price change % since March 2024	Monthly price change % since January 2025
Cash	拢282,000	6	1.2
Mortgage	拢301,000	7.1	1.3
First-time buyer	拢250,000	7.7	1.9
Former owner occupier	拢356,000	5.6	0.5

Building status for England

Building status*	Average price January 2025	Annual price change % since January 2024	Monthly price change % since December 2025
New build	拢416,000	17.4	-1.1
Existing resold property	拢285,000	3.6	听

*Figures for the 2 most recent months are not being published because there are not enough new build transactions to give a meaningful result.

London

London shows, on average, house prices decreased by 0.3% since Jan 2025. House prices have shown an annual price increase of 0.8% meaning the average price of a property is 拢552,000.

Average price by property type for London

Property type	March 2025	March 2024	Difference %
Detached	拢1,097,000	拢1,099,000	-0.3
Semi-detached	拢694,000	拢669,000	3.7
Terraced	拢620,000	拢606,000	2.2
Flat/maisonette	拢444,000	拢447,000	-0.7
All	拢552,000	拢547,000	0.8

Funding and buyer status for London

Transaction type	Average price March 2025	Annual price change % since March 2024	Monthly price change % since February 2025
Cash	拢583,000	-2.1	-0.7
Mortgage	拢546,000	1.7	-0.2
First-time buyer	拢477,000	1.4	0.5
Former owner occupier	拢677,000	-0.1	-1.6

Building status for London

Building status*	Average price January 2025	Annual price change % since January 2024	Monthly price change % since December 2024
New build	拢564,000	11.9	-0.7
Existing resold property	拢561,000	1.5	1.2

*Figures for the 2 most recent months are not being published because there are not enough new build transactions to give a meaningful result.

Wales

Wales shows, on average, house prices fell by 0.2% since February 2025. An annual price increase of 3.6% takes the average property value to 拢208,000

There were 3 repossession sales for Wales in January 2025.

Average price by property type for Wales

Property type	March 2025	March 2024	Difference %
Detached	拢321,000	拢318,000	0.9
Semi-detached	拢208,000	拢198,000	4.9
Terraced	拢166,000	拢158,000	4.9
Flat/maisonette	拢133,000	拢129,000	3.1
All	拢208,000	拢201,000	3.6

Funding and buyer status for Wales

Transaction type	Average price March 2025%	Annual price change % since March 2024	Monthly price change % since December 2024
Cash	拢208,000	2.7	0.3
Mortgage	拢208,000	4.1	0.2
First-time buyer	拢180,000	4.6	0.6
Former owner occupier	拢247,000	2.4	-0.3

Building status for Wales

Building status*	Average price January 2025	Annual price change % since January 2024	Monthly price change % since December 2024
New build	拢355,000	19.9	-0.5
Existing resold property	拢206,000	4.9	0.9

*Figures for the 2 most recent months are not being published because there are not enough new build transactions to give a meaningful result.

UK house prices

UK house prices rose by 6.4% in the year to March 2025, up from the revised estimate of 5.5% in the 12 months to Feb 2025. On a non-seasonally adjusted basis, average house prices in the UK increased by 1.1% between February 2025 and March 2025, compared with a increase 0.2% from the same period 12 months ago (February 24 and March 2024).

The 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 a year ago (March 2025). Between February 2025 and March 25, UK transactions increased by 61.7% on a seasonally adjusted basis.

House price monthly increase was highest in The North East where prices increased by 4.2% in the year to March 2025. The highest annual growth was in the The North East, where prices increased by 14.3% in the year to March 2025.

See the economic statement.

The UK HPI is based on completed housing transactions. Typically, a house purchase can take 6 to 8 weeks to reach completion. As with other indicators in the housing market, which typically fluctuate from month to month, it is important not to put too much weight on one month鈥檚 set of house price data.

Access the full UK HPI

Background

1. We publish the UK House Price Index (HPI) on the second or third Wednesday of each month with Northern Ireland figures updated quarterly. We will publish the April 2025 UK HPI at 9:30am on Wednesday 18 June 2025. See听calendar of release dates.
2. We have made some changes to improve the accuracy of the UK HPI. We are not publishing average price and percentage change for new builds and existing resold property as done previously because there are not currently enough new build transactions to provide a reliable result. This means that in this month鈥檚 UK HPI reports, new builds and existing resold property are reported in line with the sales volumes currently available.
3. The UK HPI revision period has been extended to 13 months, following a review of the revision policy (see听calculating the UK HPI听section 4.4). This ensures the data used is more comprehensive.
4. Sales volume data is available by property status (new build and existing property) and funding status (cash and mortgage) in our听downloadable data tables. Transactions that require us to create a new register, such as new builds, are more complex and require more time to process. Read听revisions to the UK HPI data.
5. Revision tables are available for England and Wales within the downloadable data in CSV format. See听about the UK HPI听for more information.
6. HM Land Registry, Registers of Scotland, Land & Property 天美影院/Northern Ireland Statistics and Research Agency and the Valuation Office Agency supply data for the UK HPI.
7. The Office for National Statistics (ONS) and听Land & Property 天美影院/Northern Ireland Statistics and Research Agency calculate the UK HPI. It applies a hedonic regression model that uses the various sources of data on property price,听including HM听Land Registry鈥檚 Price Paid Dataset, and attributes to produce estimates of the change in house prices each month. Find out more about the methodology used听from the听听and听.
8. We take the听UK Property Transaction statistics听 from the HM Revenue and Customs (HMRC) monthly estimates of the number of residential and non-residential property transactions in the UK and its constituent countries. The number of property transactions in the UK is highly seasonal, with more activity in the summer months and less in the winter. This regular annual pattern can sometimes mask the underlying movements and trends in the data series. HMRC presents the UK aggregate transaction figures on a seasonally adjusted basis. We make adjustments for both the time of year and the construction of the calendar, including corrections for the position of Easter and the number of trading days in a听particular month.
9. UK HPI seasonally adjusted series are calculated at regional and national levels only. See听data tables.
10. The first estimate for new build average price (April 2016 report) was based on a small sample which can cause volatility. A three-month moving average has been applied to the latest estimate to remove some of this volatility.
11. The UK HPI reflects the final transaction price for sales of residential property. Using the geometric mean, it covers purchases at market value for owner-occupation and buy-to-let, excluding those purchases not at market value (such as re-mortgages), where the 鈥榩rice鈥� represents a valuation.
12. HM Land Registry provides information on residential property transactions for England and Wales, collected as part of the official registration process for properties that are sold for full market value.
13. The HM Land Registry dataset contains the sale price of the property, the date when the sale was completed, full address details, the type of property (detached, semi-detached, terraced or flat), if it is a newly built property or an established residential building and a variable to indicate if the property has been purchased as a financed transaction (using a mortgage) or as a non-financed transaction (cash purchase).
14. Repossession sales data is based on the number of transactions lodged with HM Land Registry by lenders exercising their power of sale.
15. For England, we show repossession sales volume recorded by government office region. For Wales, we provide repossession sales volume for the number of repossession sales.
16. Repossession sales data is available from April 2016 in CSV format. Find out more information about听repossession sales.
17. We publish CSV files of the raw and cleansed aggregated data every month for England, Scotland and Wales. We publish Northern Ireland data on a quarterly basis. They are available for free use and re-use under the Open Government Licence.
18. HM Land Registry is a government department created in 1862. Its vision is: 鈥淎 world-leading property market as part of a thriving economy and a sustainable future.鈥�
19. HM Land Registry鈥檚 purpose is: 鈥淲e protect your land ownership and provide services and data that underpin an efficient and informed property market.鈥�
20. HM Land Registry safeguards land and property ownership valued at 拢8 trillion, enabling over 拢1 trillion worth of personal and commercial lending to听be secured听against property across England and Wales. The Land Register contains more than听26.5听million titles showing evidence of ownership for more than 89% of the land mass of England and Wales.
21. For further information about HM Land Registry visit听.
22. Follow us on听, our听,听听and听

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