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UK House prices above pandemic peak

The average UK house price remains 1.7% above the peak reached during the covid pandemic property market boom, despite the more subdued market conditions seen since, according to Yopa.

Yopa’s analysed housing data from January 2020, September 2022 when the pandemic-fuelled property market boom peaked, and the latest available data for December 2025 and found that house prices surged by 26.5% across the UK between January 2020 when Covid first arrived in the UK, and September 2022 when the average UK house price hit its pandemic peak, before cooling over the following years until early 2025 when it once again reached this price threshold. 

Verona Frankish, Chief Executive Officer at Yopa, said: “There’s been a lot of doom and gloom surrounding the property market of late, however, it wasn’t that long ago that the headlines were focused on the pandemic property market boom and just how quickly house prices were climbing, fuelled by the stamp duty holiday.

“We did see house prices cool as this stamp duty incentive was gradually phased out, but what’s notable is that prices across the majority of the UK have since stabilised and, in many cases, crept back above the levels seen at the height of the boom.

“That really puts the current market into perspective as, whilst market sentiment may not be as buoyant as it was during the pandemic, many homeowners are still sitting on values that exceed even the unprecedented surge seen during Covid.”

The average UK house price currently stands at £270,259, which remains 1.7% above the pandemic peak of £265,727 seen in September 2022. 

At a national level, England (0.6%), Wales (3.5%), Scotland (5.0%) and Northern Ireland (17.8%) are all currently home to an average house price above that of the pandemic market peak. 

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