Common UK home costs fell by 0.1% between September and October 2025, in line with the newest UK Home Value Index (HPI) from HM Land Registry. The common property worth stood at £292,000, remaining 1.4% increased than a 12 months earlier.
On an annual foundation, costs rose by 1.7%, inserting the common UK property worth at £270,000.
Regionally, the North East recorded the strongest month-to-month development, with costs rising 1.3%, and likewise posted the best annual improve at 5%. London noticed the biggest month-to-month decline, with costs falling 1.9%, and recorded the weakest annual efficiency, down 2.4%.
Throughout England, the common worth of a indifferent residence was £470,000, up 1.1% year-on-year. Semi-detached properties rose 3.8% to £290,000, whereas terraced properties elevated 2.4% to £244,000. In distinction, flats and maisonettes fell 3.6% to £219,000.
Money consumers paid a median of £277,000, up 0.5% yearly, whereas mortgage consumers paid £297,000, reflecting annual development of 1.7%.
In Wales, costs fell 1.1% over the month however have been 1.5% increased year-on-year, with the common property priced at £211,000. Indifferent properties averaged £329,000, up 0.6%, whereas semi-detached properties rose 3.3% to £211,000. Terraced properties elevated 1.6% to £168,000, whereas flats and maisonettes declined 1.9% to £128,000. Money consumers in Wales paid £210,000 on common, up 1%, in contrast with £211,000 for mortgage consumers, up 1.8%.
Repossession gross sales have been highest in Yorkshire and the Humber, with 21 recorded in August 2025, and lowest within the East of England, with two.
New-build properties in England averaged £403,000 in August 2025, representing an annual improve of 13.4%. Present resold properties averaged £290,000, up 1.7%. In London, new-build costs averaged £531,000, up 5.3%, whereas present properties fell 1.3% to £563,000. In Wales, new-build properties averaged £345,000, up 13.9%, in contrast with £208,000 for present properties, up 1.2%.
UK residential property transactions valued at £40,000 or extra have been estimated at 98,000 in October 2025, down 2.1% on the identical month final 12 months however 1.8% increased than in September 2025.
Trade response:
Nick Leeming, chairman of Jackson-Stops: “The numbers inform a easy story: the ground is holding, however the froth has gone. Reflecting the month earlier than the Finances, immediately’s ONS figures verify a market that has been subdued as many waited for fiscal readability from the Chancellor, however importantly, home costs held their nerve. Market fundamentals preserve the wheels turning with costs gently up on the 12 months and remaining secure month-to-month, constructing an image of quiet confidence even when beneath financial pressure.
“As we edge into the brand new 12 months, it is vital for sellers to proceed to cost competitively. This can be a precision market, with regional nuances and provide dynamics various extensively between postcodes, placing emphasis on sellers to learn it appropriately.”
