UK House Prices by Region 2026
The average UK house price stands at £285,000 — but regional variations are dramatic. From £170,000 in the North East to £530,000 in London. Live regional property data.
Average UK House Price
Average London House Price
Average North East House Price
Annual House Price Growth (2024)
UK Average Price to Earnings Ratio
London Price to Earnings Ratio
Average First-Time Buyer Deposit
Property Transactions Per Year
Source: HM Land Registry UK House Price Index · ONS · 2025/26
About These Statistics
UK house prices average approximately £285,000 nationally but vary enormously by region. London's average house price of approximately £530,000 is over three times higher than the North East's average of £170,000.
The price-to-earnings ratio in London stands at around 20 times, making it one of the least affordable major cities in the world. The UK national average price-to-earnings ratio is around 8.9 times.
House prices rose by approximately 5.2% in 2024, recovering from the falls seen in 2023 when rising mortgage rates severely impacted affordability. First-time buyers now need an average deposit of approximately £53,000.
Frequently Asked Questions
Based on official UK government data
What is the average UK house price in 2026?
The average UK house price is approximately £285,000 in early 2026, according to the HM Land Registry UK House Price Index. This varies from around £170,000 in the North East to approximately £530,000 in London.
Why are house prices in London so much higher?
London house prices (~£530,000) are over three times higher than the national average due to a persistent imbalance between supply and demand. London is a global financial centre with high concentrations of well-paid jobs and severely restricted planning.
Are UK house prices rising or falling?
UK house prices rose by approximately 5.2% in 2024 after falls of around 2% in 2023. The 2023 falls were driven by rapidly rising mortgage rates. As rates began to fall in 2024/25, buyer activity and prices recovered.
How affordable are UK house prices?
The average UK house price is approximately 8.9 times average annual earnings — up from around 4 times in the 1990s. In London, the ratio is around 20 times local earnings. First-time buyers need an average deposit of approximately £53,000.
What is the government doing about house prices?
The government has pledged to build 1.5 million homes by 2029, including relaxing planning rules. Key policies include the First Homes scheme, the Affordable Homes Programme and planning reform to build on grey belt land.
Average House Price by UK Region — 2026
Average residential property price. Source: HM Land Registry.
| Region | Average Price | Annual Change | vs UK Average |
|---|---|---|---|
| London | £530,000 | +4.8% | +86% |
| South East | £385,000 | +5.1% | +35% |
| East of England | £345,000 | +5.3% | +21% |
| South West | £320,000 | +5.8% | +12% |
| East Midlands | £240,000 | +5.2% | -16% |
| West Midlands | £250,000 | +5.0% | -12% |
| Yorkshire & Humber | £210,000 | +4.6% | -26% |
| North West | £220,000 | +5.1% | -23% |
| North East | £170,000 | +4.2% | -40% |
| UK Average | £285,000 | +5.2% | — |
Source: HM Land Registry UK House Price Index 2025/26
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