Private rent and house prices, UK: March 2025

March 26, 2025

Average UK monthly private rents increased by 8.1%, to £1,326, in the 12 months to February 2025 (provisional estimate); this annual growth rate is down from 8.7% in the 12 months to January 2025.
Average rents increased to £1,381 (8.3%) in England, £785 (8.5%) in Wales, and £998 (5.8%) in Scotland, in the 12 months to February 2025.

In Northern Ireland, average rents increased to £832 (8.1%) in the 12 months to December 2024.
In England, private rents annual inflation was highest in London (9.9%) and lowest in Yorkshire and The Humber (4.8%), in the 12 months to February 2025.

Average UK house prices increased by 4.9%, to £269,000, in the 12 months to January 2025 (provisional estimate); this annual growth rate is up from 4.6% in the 12 months to December 2024.
Average house prices increased to £291,000 (4.8%) in England, £210,000 (6.0%) in Wales, and £187,000 (4.6%) in Scotland, in the 12 months to January 2025.

From the March 2025 release onwards, the Price Index of Private Rents (PIPR) covers the UK, which enables us to produce average rent levels for Northern Ireland and the UK for the first time. Improvements made to launch PIPR’s UK system has led to small revisions to all outputs. Read more in Section 10: Data sources and quality.

UK private rent and house prices

Average UK monthly private rents increased by 8.1% in the 12 months to February 2025 (provisional estimate). This was down from 8.7% in the 12 months to January 2025 and was below the record-high annual rise of 9.1% in March 2024.

Average UK house prices increased by 4.9% (provisional estimate), to £269,000, in the 12 months to January 2025. This annual growth was up from 4.6% in the 12 months to December 2024. Annual inflation has been generally increasing since its recent low point of negative 2.7% in the 12 months to December 2023.

HM Land Registry publishes the full UK House Price Index report and monthly data.

EAN Breaking News

Breaking News from the team at Estate Agent Networking. Have a new story to share with us? Then please get in contact today! When and where we can we will refer to third party websites with a 'live link back' where news was released first.

You May Also Enjoy

Breaking News

Why first-time buyers should start the financial conversation early

Award-winning mortgage adviser, Alexander Hall, is encouraging the nation’s first-time buyers to open up about their finances this Talk Money Week, offering expert guidance on how to make these conversations more natural, productive, and stress-free. What is Talk Money Week? Talk Money Week is a national initiative created by the Money and Pensions Service (MaPS)…
Read More →
Breaking News

Bonfire Night could cause £1,500 in property damages

New research from Adiuvo, the UK’s leading provider of 24/7 property management support, warns that Bonfire Night could cost renters an average of £1,475 in property damage if proper care is not taken, but that with a few simple safety checks in place, the much-loved evening of celebration and community can go off without a…
Read More →
Estate Agent Talk

Buying a Home? What you need to know about asbestos

Asbestos is a well-known issue in UK housing – but while it’s rightly treated with caution, it doesn’t need to cause alarm. With the right advice and professional guidance, it’s a manageable problem that shouldn’t stand in the way of purchasing a dream home. Used widely in construction until 1999, asbestos is often found in…
Read More →
Breaking News

Hodge Bank introduces 80% LTV on Interest Only Mortgages, helping borrowers maximise their affordability

Specialist lender Hodge has today announced it will accept 80% Loan to Value (LTV) on Interest Only Mortgages to help borrowers expand their affordability. The criteria enhancement is the latest in a raft of changes introduced by the lender in a bid to make its underwriting as flexible as possible. This change applies to Hodge’s…
Read More →
Breaking News

Breaking Property News 4/11/25

Daily bite-sized proptech and property news in partnership with Proptech-X.   Fine & Country network prepare for success in 2026 Premium estate agency Fine & Country is delighted to announce the return of its Regional Meetings this November, bringing together business owners, key decision-makers, and leading agents from across the network. These highly anticipated events…
Read More →
Breaking News

The end of the ‘Forever Home’? 63 per cent of young homeowners prioritise flexibility and renovation potential over permanence

63 per cent of younger homeowners (18-34 year olds) find the ‘forever home’ concept less important than older generations Nearly half (45 per cent) of the same group of homeowners expect to move home within the next five years, embracing a flexible ‘Right Now Home’ model 23 per cent of 18-34 year olds view their…
Read More →