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The May data shows:

• on average, house prices have risen 1.1% since April 2025
• there has been an annual price rise of 3.9% which makes the average property in the UK valued at 拢269,000

England

In England the May data shows, on average, house prices rose by 1.3% since April 2025. The annual price rise of 3.4% takes the average property value to 拢290,000.

• Yorkshire and the Humber 聽experienced the most significant monthly increase with a movement of 2.4%
• London saw the biggest monthly price fall, with a reduction of -1.4%
• The North East experienced the greatest annual price rise, up by 6.3%
• The South West saw the lowest annual price growth, with a rise of 1.9%

The regional data for England indicates that:

Price change by region for England

Region	Average price May 2025	Annual change % since May 2024	Monthly change % since Apr 2025
East Midlands	拢242,000	5	1.9
East of England	拢340,000	4.2	2
London	拢566,000	2.2	-1.4
North East	拢159,000	6.3	2.2
North West	拢209,000	3.3	2
South East	拢381,000	2.1	0.4
South West	拢304,000	1.9	1.5
West Midlands	拢244,000	3.5	2.2
Yorkshire and the Humber	拢204,000	5.1	2.4

Repossession sales by volume for England

The lowest number of repossession sales in March 2025 was in the East of England.

The highest number of repossession sales in March 2025 was in the North East and North West.

Repossession sales	March 2025
East Midlands	5
East of England	2
London	12
North East	20
North West	20
South East	17
South West	6
West Midlands	6
Yorkshire and the Humber	8
England	96

Average price by property type for England

Property type	May 2025	May 聽2024	Difference %
Detached	拢473,000	拢451,000	4.8
Semi-detached	拢285,000	拢273,000	4.3
Terraced	拢239,000	拢232,000	3.1
Flat/maisonette	拢226,000	拢225,000	0.7
All	拢290,000	拢281,000	3.4

Funding and buyer status for England

Transaction type	Average price May 2025	Annual price change % since May 2024	Monthly price change % since April 2025
Cash	拢276,000	2.5	1.4
Mortgage	拢296,000	3.8	1.3
First-time buyer	拢243,000	3.2	1.6
Former owner occupier	拢353,000	3.6	1

Building status for England

Building status*	Average price March 2025	Annual price change % since March 2024	Monthly price change % since February 2025
New build	拢463,000	31.6	3.2
Existing resold property	拢290,000	5.8	1.4

*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 1.4% since April 2025. House prices have shown an annual price increase of 2.2% meaning the average price of a property is 拢566,000.

Average price by property type for London

Property type	May 2025	May 2024	Difference %
Detached	拢1,156,000	拢1,106,000	4.5
Semi-detached	拢716,000	拢682,000	5
Terraced	拢633,000	拢615,000	3
Flat/maisonette	拢453,000	拢451,000	0.6
All	拢566,000	拢554,000	2.2

Funding and buyer status for London

Transaction type	Average price May 2025	Annual price change % since May 2024	Monthly price change % since April 2025
Cash	拢614,000	2.3	-1.9
Mortgage	拢555,000	2.1	-1.2
First-time buyer	拢483,000	1.5	-0.8
Former owner occupier	拢708,000	3.3	-2.3

Building status for London

Building status*	Average price March 2025	Annual price change % since March 2024	Monthly price change % since February 2025
New build	拢620,000	23.8	3.3
Existing resold property	拢552,000	0.4	-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

聽Wales shows, on average, house prices rose by 0.5% since April 2025. An annual price increase of 5.1% takes the average property value to 拢210,000.

There were 5 repossession sales for Wales in March 2025.

Average price by property type for Wales

Property type	May 2025	May 2024	Difference %
Detached	拢330,000	拢312,000	5.7
Semi-detached	拢209,000	拢198,000	5.7
Terraced	拢166,000	拢158,000	5
Flat/maisonette	拢130,000	拢128,000	1.9
All	拢210,000	拢199,000	5.1

Funding and buyer status for Wales

Transaction type	Average price May 2025%	Annual price change % since May 2024	Monthly price change % since April 2025
Cash	拢208,000	4.2	0.9
Mortgage	拢210,000	5.6	0.3
First-time buyer	拢180,000	5.3	0.5
Former owner occupier	拢251,000	5	0.4

Building status for Wales

Building status*	Average price March 2025	Annual price change % since March 2024	Monthly price change % since February 2025
New build	拢385,000	26.5	1.4
Existing resold property	拢206,000	3.4	1

*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 3.9% in the year to May 2025, up from the revised estimate of 3.6% in the 12 months to April 2025. On a non-seasonally adjusted basis, average house prices in the UK increased by 1.1% between April 2025 and May 2025, compared with a increase 0.8% from the same period 12 months ago (April 24 and May 2024).

The UK Property Transactions Statistics showed that in May 2025, on a seasonally adjusted basis, the estimated number of transactions of residential properties with a value of 拢40,000 or greater was 81,000. This is 11.8% lower than a year ago (May 2025). Between April 2025 and May 2025, UK transactions decreased by 25.1% on a seasonally adjusted basis.

House price monthly increase was highest in Yorkshire and the Humber where prices increased by 2.4% in the year to May 2025. The highest annual growth was in the the North East, where prices increased by 6.3% in the year to May 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 June 2025 UK HPI at 9:30am on Wednesday 20 August 2025. See聽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聽calculating the UK HPI聽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聽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聽revisions to the UK HPI data.
5. Revision tables are available for England and Wales within the downloadable data in CSV format. See聽about the UK HPI聽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聽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聽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聽from the聽听补苍诲听.
8. We take the聽UK Property Transaction statistics聽 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聽particular month.
9. UK HPI seasonally adjusted series are calculated at regional and national levels only. See聽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聽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聽be secured聽against property across England and Wales. The Land Register contains more than聽26.5聽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聽.
22. Follow us on聽, our聽,听听补苍诲听

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