The Lloyds House Price Index showed UK house prices were unchanged year-on-year in September 2026, following a 0.4% decline in August. On a monthly basis, prices were also unchanged after falling 0.3% in August, missing expectations for a 0.2% increase, while the average property price rose to £298,441. Lloyds Mortgages Director Andrew Asaam said property prices have remained resilient despite higher mortgage rates and wider economic uncertainty, while new enquiries from prospective buyers reached their highest level since February. He added that the market remains balanced between buyer caution and underlying demand, with price movements likely to remain modest. Regionally, Northern Ireland recorded the strongest annual growth at 7.4%, followed by Scotland at 3.4%, the North East at 2.4%, and the North West at 1.9%. Meanwhile, Greater London posted the largest decline at 2.2%, followed by the South East at 2.1% and Eastern England at 1.6%. source: Halifax and Bank of Scotland

House Price Index YoY in the United Kingdom increased to 0 percent in September from -0.40 percent in August of 2026. House Price Index YoY in the United Kingdom averaged 6.06 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 October of 2026.

House Price Index YoY in the United Kingdom increased to 0 percent in September from -0.40 percent in August 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
2026-09-07 06:00 AM
Lloyds House Price Index YoY
Aug -0.4% 0.1% 0.1%
2026-10-07 06:00 AM
Lloyds House Price Index YoY
Sep 0% -0.4% -0.2%
2026-11-07 07:00 AM
Lloyds House Price Index YoY
Oct 0%


Related Last Previous Unit Reference
Average House Prices 298441.00 298395.00 GBP Sep 2026
Construction Orders YoY -18.10 -11.90 percent Jun 2026
Construction Output YoY -2.50 -2.30 percent Jul 2026
Mortgage Lending 4410.00 4082.00 GBP Million Aug 2026
Home Ownership Rate 64.50 64.70 percent Dec 2023
Lloyds House Price Index MoM 0.00 -0.30 percent Sep 2026
Lloyds House Price Index YoY 0.00 -0.40 percent Sep 2026
Housing Index 514.60 514.60 points Sep 2026
Housing Starts 35910.00 34030.00 units Jun 2026
Mortgage Approvals 54.92 55.93 Thousand Aug 2026
BBA Mortgage Rate 6.58 6.58 percent Sep 2026
Nationwide Housing Prices 547.10 549.50 points Sep 2026
Nationwide Housing Prices MoM -0.20 0.20 percent Sep 2026
Nationwide Housing Prices YoY 0.80 1.60 percent Sep 2026
Price to Rent Ratio 109.85 110.08 points Jun 2026
Private Rental Prices YoY 3.80 3.70 percent Aug 2026
Residential Property Prices 2.87 1.18 Percent Jun 2026
RICS House Price Balance -32.00 -28.00 percent Sep 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
0.00 -0.40 34.50 -16.80 1984 - 2026 percent Monthly
SA

News Stream
UK House Prices Stagnate in September
The Lloyds House Price Index showed UK house prices were unchanged year-on-year in September 2026, following a 0.4% decline in August. On a monthly basis, prices were also unchanged after falling 0.3% in August, missing expectations for a 0.2% increase, while the average property price rose to £298,441. Lloyds Mortgages Director Andrew Asaam said property prices have remained resilient despite higher mortgage rates and wider economic uncertainty, while new enquiries from prospective buyers reached their highest level since February. He added that the market remains balanced between buyer caution and underlying demand, with price movements likely to remain modest. Regionally, Northern Ireland recorded the strongest annual growth at 7.4%, followed by Scotland at 3.4%, the North East at 2.4%, and the North West at 1.9%. Meanwhile, Greater London posted the largest decline at 2.2%, followed by the South East at 2.1% and Eastern England at 1.6%.
2026-10-07
UK House Prices Fall for First Time Since 2023
The Lloyds House Price Index showed UK house prices fell 0.4% year-on-year in August 2026, marking the first annual decline since November 2023, after rising 0.1% in July. Compared with the previous month, prices fell 0.2%, defying expectations of a 0.2% rise and following a 0.1% decrease in July, bringing the average property price to £298,468. Lloyds Mortgages Director Andrew Asaam said the housing market has faced a more difficult backdrop in recent months, with global events affecting inflation and borrowing costs, while fewer homes are changing hands as buyers and sellers remain cautious. Lloyds expects the market to remain fairly subdued in the months ahead, although wage growth and resilient employment should support demand. Regionally, Northern Ireland recorded the strongest annual growth at 6.9%, followed by Scotland at 3.5%, the North East at 2.7%, and the North West at 2.0%. Meanwhile, the South East posted the largest decline at 1.6%, followed by Greater London at 1.5%.
2026-09-07
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