UK House Price Index for July 2025
The latest index shows that: –
The average monthly rate of house price growth in July was +0.3%.
The average annual rate of house price growth in July was +2.8%, down slightly from +3.6% in June.
As a result, the average UK house price sits at £269,735.
Director of Benham and Reeves, Marc von Grundherr, commented:
“The latest house price figures show that the market has continued to move forward, with uplifts in both monthly and annual growth demonstrating that there remains a good appetite for homeownership – even if it isn’t as insatiable as we’ve seen in previous years.
Whilst the London market continues to trail many other regions, it’s important to remember that even marginal percentage increases in the capital translate into far greater sums on the table for sellers.
So whilst a more muted performance may come as cause for concern for the capital’s home sellers, this continued growth underlines London’s status as the nation’s most resilient property market.”
CEO of Octane Capital, Jonathan Samuels, commented:
“The housing market is holding steady, with house prices remaining on an upward trajectory, albeit a less pronounced one than we’ve seen in recent years.
Improvements to the mortgage landscape have been vital in driving this renewed momentum, with buyers benefiting from greater product availability and more flexible eligibility criteria.
The expectation is that interest rates will be held tomorrow and whilst this won’t light the touch paper in terms of driving buyer activity, it will bring reassurance in the short term by providing ongoing certainty.”
CEO of Yopa, Verona Frankish, commented:
“The market has continued to improve in July, with both monthly and annual rate of house price growth strengthening. This slow but steady performance has been a consistent theme throughout the year so far and there’s little to suggest that this will change.
That said, with the Autumn Budget on the horizon, we may see a momentary dip as the nation’s homebuyers hold off in the hope of a stamp duty shake-up. Whether such a reprieve will come to fruition remains to be seen, but either way, we could well see a spike in market activity following the Autumn Budget as the market gathers pace ahead of the Christmas break.”
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