The Lloyds House Price Index showed UK house prices rose 0.1% year-on-year in July 2026, slowing from a revised 0.7% increase in June and below expectations for a 0.4% gain. This marked the weakest annual growth since November 2023. Monthly, house prices were unchanged after rising 0.2% in June, leaving the average property price at £299,253. Amanda Bryden, Head of Mortgages at Lloyds, said prices have remained relatively stable for almost two years despite a more uncertain economic backdrop. Affordability remained challenging, while mortgage rates edged higher following recent Middle East events after easing earlier in the summer. Lloyds expects prices and activity to remain stable through year-end, with the outlook shaped by mortgage rates, inflation and household confidence. Regionally, Northern Ireland recorded the strongest annual growth at 7.4%, followed by Scotland at 3.6%, the North East at 2.8%, and the North West at 2.1%. source: Halifax and Bank of Scotland

House Price Index YoY in the United Kingdom decreased to 0.10 percent in July from 0.70 percent in June of 2026. House Price Index YoY in the United Kingdom averaged 6.08 percent from 1984 until 2026, reaching an all time high of 34.50 percent in October of 1988 and a record low of -16.80 percent in February of 2009. This page includes a chart with historical data for the United Kingdom House Price Index YoY. United Kingdom House Price Index YoY - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

House Price Index YoY in the United Kingdom decreased to 0.10 percent in July from 0.70 percent in June of 2026. House Price Index YoY in the United Kingdom is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom House Price Index YoY is projected to trend around 4.50 percent in 2027 and 5.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-07 06:00 AM
Lloyds House Price Index YoY
Jun 0.6% 0.5% 0.3%
2026-08-07 06:00 AM
Lloyds House Price Index YoY
Jul 0.1% 0.7% 0.4% 0.7%
2026-09-07 06:00 AM
Lloyds House Price Index YoY
Aug 0.1%


Related Last Previous Unit Reference
Average House Prices 299253.00 299396.00 GBP Jul 2026
Construction Orders YoY -18.10 -11.90 percent Jun 2026
Construction Output YoY -2.30 -2.00 percent Jun 2026
Mortgage Lending 7727.00 3269.00 GBP Million Jun 2026
Home Ownership Rate 64.50 64.70 percent Dec 2023
Lloyds House Price Index MoM 0.00 0.20 percent Jul 2026
Lloyds House Price Index YoY 0.10 0.70 percent Jul 2026
Housing Index 516.00 516.30 points Jul 2026
Housing Starts 33960.00 37230.00 units Mar 2026
Mortgage Approvals 58.20 56.57 Thousand Jun 2026
BBA Mortgage Rate 6.60 6.60 percent Jul 2026
Nationwide Housing Prices 553.70 553.60 points Jul 2026
Nationwide Housing Prices MoM 0.10 0.00 percent Jul 2026
Nationwide Housing Prices YoY 1.80 2.20 percent Jul 2026
Price to Rent Ratio 110.05 110.71 Mar 2026
Private Rental Prices YoY 3.30 3.30 percent Jun 2026
Residential Property Prices 0.88 2.27 Percent Mar 2026
RICS House Price Balance -30.00 -32.00 percent Jul 2026


United Kingdom House Price Index YoY
The Halifax House Price Index is the UK's longest running monthly house price series with data covering the whole country going back to January 1983. From this data, a "standardized" house price is calculated and property price movements on a like -for-like basis (including seasonal adjustments) are analyzed over time.
Actual Previous Highest Lowest Dates Unit Frequency
0.10 0.70 34.50 -16.80 1984 - 2026 percent Monthly
SA

News Stream
UK House Price Growth Lowest Since 2023
The Lloyds House Price Index showed UK house prices rose 0.1% year-on-year in July 2026, slowing from a revised 0.7% increase in June and below expectations for a 0.4% gain. This marked the weakest annual growth since November 2023. Monthly, house prices were unchanged after rising 0.2% in June, leaving the average property price at £299,253. Amanda Bryden, Head of Mortgages at Lloyds, said prices have remained relatively stable for almost two years despite a more uncertain economic backdrop. Affordability remained challenging, while mortgage rates edged higher following recent Middle East events after easing earlier in the summer. Lloyds expects prices and activity to remain stable through year-end, with the outlook shaped by mortgage rates, inflation and household confidence. Regionally, Northern Ireland recorded the strongest annual growth at 7.4%, followed by Scotland at 3.6%, the North East at 2.8%, and the North West at 2.1%.
2026-08-07
UK House Prices Rise 0.6% in June: Lloyds
The Lloyds House Price Index showed UK house prices rose 0.6% year-on-year in June 2026, following a 0.5% increase in May. Compared to the previous month, house prices grew 0.2%, reversing May's 0.2% decline, lifting the average property price to £299,330. Amanda Bryden, Head of Mortgages at Lloyds, said the rebound was supported by easing borrowing costs as mortgage rates retreated from recent highs. However, affordability remained stretched, while broader economic uncertainty, including global developments affecting inflation and interest rate expectations, continued to weigh on the housing market. While mortgage approvals fell 14.9% in May after higher borrowing costs earlier in the year, Lloyds expects housing activity to recover if financing costs continue to ease. Regionally, Northern Ireland posted the strongest annual house price growth at 7.4%, followed by Scotland (3.9%), the North East (2.8%), and the North West (2.4%).
2026-07-07
UK House Prices Rise Less Than Expected: Halifax
The Halifax House Price Index showed UK house prices rose 0.5% year-on-year in May 2026, below the expected 1.0% increase and following a 0.4% gain in April. The average UK house price stood at £298,806. On a monthly basis, prices fell 0.1%, matching the decline recorded in April and contrasting with forecasts of a 0.1% increase. Amanda Bryden, Head of Mortgages at Halifax, noted that uncertainty surrounding developments in the Middle East and higher inflation expectations have kept borrowing costs elevated despite recent mortgage rate cuts, weighing on affordability and demand. Still, housing market activity has remained resilient, with transaction levels holding relatively steady. Regionally, Northern Ireland recorded the strongest annual house price growth at 7.8%, followed by Scotland (3.8%), the North East (3.1%), and the North West (3.0%). By contrast, prices fell in the South East (-2.1%) and London (-1.5%).
2026-06-05