UK House Price Index for January 2025
The latest index shows that:
The average monthly rate of house price growth in January was -0.3%.
Average UK house price annual inflation was 1.3% in the 12 months to January 2025.
As a result, the average UK house price currently sits at £268,000.
Here are some thoughts from the Industry.
Damien Jefferies, Founder of Jefferies London, commented:
“Over the last year, uncertainty has become a consistent theme with respect to property market sentiment, but despite this, we’ve seen a continued show of resilience where house prices are concerned.
Buyers and sellers are pressing ahead, undeterred by higher mortgage rates and wider political instability and, whilst the current Iran conflict adds a further layer of uncertainty for 2026, we expect the domestic market to continue showing signs of increasing positivity.”
Verona Frankish, CEO of Yopa, commented:
“Interest rates haven’t reduced at the rate many homeowners and buyers would have hoped for, but what the current landscape is providing is stability and this is key when it comes to the health of the UK property market.
This is being reflected in the current rate of house price growth which suggests a market that isn’t moving at the pace of previous years, but certainly isn’t in decline either.”
Director of Benham and Reeves, Marc von Grundherr, commented:
“The latest figures for January show that whilst it may be a new year, the UK property market has remained predictably consistent.
House prices are holding firm and have continued to edge up on both an annual basis despite some month to month fluctuation.
This more measured rate of growth suggests a market that is building momentum on a far stronger foundation when compared to the sharp rates of inflation seen in previous years.
London has also shown one of the strongest rates of monthly growth, suggesting that whilst the market may be more subdued than the wider national picture, the tide could be now turning.”
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