The Land Registry has published today the UK House Price Index for February 2025 (UK HPI), revealing the latest trends in the property market. House prices across the UK have remained steady since January. Despite this stability, there has been a notable annual price increase of 5.4%, bringing the average property value to £268,000.
In England, house prices saw a modest monthly rise of 0.3%, with an annual increase of 5.3%, resulting in an average property value of £292,000. Yorkshire and the Humber experienced the most significant monthly growth, with a rise of 1.6%, while London recorded the sharpest decline, with prices dropping by 1.1% compared to January.
Looking at annual trends, the North West led the way with an impressive 8% increase, whereas London saw the lowest annual price growth, rising by only 1.7%.
What does this mean for buyers and sellers? The property market remains dynamic, with regional variations shaping opportunities and challenges. Stay tuned for further updates as the market continues to evolve.
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