UK House Price Index for February 2026
The latest UK House Price Index for February 2026 shows that:
The average monthly rate of house price growth in February was +0.1%.
Average UK house price annual inflation was 1.2% in the 12 months to February 2026.
As a result, the average UK house price currently sits at £268,000.
Damien Jefferies, Founder of Jefferies London, commented:
“Today’s figures suggest that the UK property market is continuing to edge forward, albeit at a measured pace, with both monthly and annual growth remaining in positive territory.
However, with inflation surprising on the upside again today, there is a growing risk that interest rates remain higher for longer and could even increase further. This is likely to dent confidence to an extent and keep the rate of house price appreciation tempered over the coming months.”
Managing Director of House Buyer Bureau, Chris Hodgkinson, commented:
“For all of the talk that the property market is improving, we’re still seeing a growing number of sales collapse, and many sellers are simply giving up and withdrawing from the market altogether because they have become exhausted by the process and a lacklustre level of buyer activity.
The reality is that selling a home remains a long, uncertain and often costly experience. Buyers are taking longer to commit, affordability remains stretched, and chains are still incredibly fragile.”
Verona Frankish, CEO of Yopa, commented:
“Whilst the rate of house price growth remains fairly modest, the fact that prices are still moving in the right direction demonstrates that the market continues to hold firm despite a tougher economic backdrop.
Buyers have spent the last year adapting to a world of higher borrowing costs and greater uncertainty and, as a result, we’re now seeing a far more stable and sustainable market emerge, built on realism rather than rapid price inflation.”
Director of Benham and Reeves, Marc von Grundherr, commented:
“The latest figures show that the UK housing market remains remarkably resilient, with house prices holding firm despite renewed pressure on mortgage affordability and wider economic uncertainty.
London continues to lag the rest of the UK, with values down 3.3% year-on-year, but the capital remains a market of huge value and importance as a destination of choice for both domestic and international homebuyers.”
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