Nationwide House Price Index for April 2026 – Thoughts from the Industry
- House prices increased by 0.4% between March 2026 and April 2026.
- This was a weaker rate of monthly growth compared to the previous month (0.9%).
- Annual growth sat at 3% in April 2026, with this annual rate of growth increasing from 2.2% versus March 2026.
- The average UK house price now stands at £278,889.
Marc von Grundherr, Director of Benham and Reeves
“Whilst house price growth has picked up to 3.0% annually, performance so far this year has remained relatively modest, which reflects a market that is moving forward, but without the urgency seen in previous years.
However, this shouldn’t detract from the underlying strength of the market. Buyer demand remains present, transactions are completing and, with yesterday’s decision by the Bank of England to hold the base rate, many homebuyers will feel reassured when it comes to committing to a purchase.
This should help to sustain a steady level of activity over the coming months.”
Verona Frankish, CEO of Yopa
“Despite the rate of monthly house price growth slowing, property values remain higher than both this time last month and when compared to this time last year.
This highlights just how strong the UK property market is when you consider the wider economic landscape, not to mention global turbulence.
It’s also important to remember that last year’s market was heavily influenced by the rush to secure stamp duty savings ahead of the end of March deadline and so what we’re seeing now isn’t weakness, but a return to more sustainable conditions.
With mortgage rates trending in the right direction over the longer term, this should continue to support stability as the year progresses.”
Chris Hodgkinson, Managing Director of House Buyer Bureau
“While house prices have edged up, the reality on the ground is that the market continues to stagnate. Buyer demand has cooled, sellers are sitting on the market for longer and we’re seeing more transactions fall through as uncertainty continues to weigh on sentiment.
This disconnect between price growth and market activity highlights the fragile nature of current conditions and, without a meaningful improvement in affordability, it’s likely that this subdued level of performance will persist in the near term.”
Islay Robinson, CEO of Enness Global
“The resilience seen in house price growth is notable given the current geopolitical backdrop, but at the very top end of the market, global uncertainty has inevitably led to a more cautious approach from some international buyers.
That said, the UK continues to be viewed as a stable and attractive destination for capital. For high-net-worth investors, real estate here offers long-term security and relative value, and while activity may be more selective in the short term, confidence in the UK as an investment avenue remains firmly in place.”
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