Overview
- ONS figures show UK house prices fell 2.7% month-on-month in April 2025 with annual growth slowing to 3.5%.
- London was the only English region where prices rose in April, up 2.6% month-on-month and lifting annual inflation to 3.3%.
- North East England led regional annual growth at 6.4% in April while the South West recorded the slowest pace at 0.9%.
- Prime London mansions saw a 3.2% year-on-year price decline in May alongside a 36% slump in transactions, according to Lonres data.
- Average UK private rents climbed 7.0% to £1,339 per month in May as rental demand remained strong.