Average UK house price inflation increased by 0.3% in May 2025, from the previous month, to 3.9% on an annual basis according to the latest government UK House Price Index.

The average UK house price was £269,000 in May 202, ), which is £10,000 higher than 12 months ago. The average house prices in the 12 months to May 2025 increased in England to £290,000 (3.4%), increased in Wales to £210,000 (5.1%) and increased in Scotland to £192,000 (6.4%). The average house price increased in the year to Q1 (Jan to Mar) 2025 to £185,000 in Northern Ireland (9.5%).

Verona Frankish, CEO of Yopa, said: “The latest house price figures for May demonstrate a market that is very much on the front foot and ready to build on the momentum gained in recent months, particularly now that the distraction of another stamp duty deadline is behind us.

“This underlying resilience provides a solid platform for future growth, which will only be strengthened by the announcement this week of the Government’s mortgage market reforms.

“By easing mortgage lending criteria, these changes will broaden access to finance, helping to attract more buyers into the market and support continued house price growth over the remainder of the year and beyond.”

On a non-seasonally adjusted basis, average UK house prices increased by 1.1% between April 2025 and May 2025, compared with an increase of 0.8% in the same period 12 months ago.

Annual house price inflation was highest in the North East of England, where prices increased by 6.3% in the 12 months to May 2025. Whilst the South West recorded the lowest annual inflation in England, where prices increased by 1.9% in the 12 months to May 2025.