Annual house prices in the UK increased by 2.7% in the year to May 2026, making the average property valued at £271,000, according to the UK House Price Index (HPI).
This is down from the revised estimate of 3.9% in the 12 months to April 2026, while on average, house prices increased by 0.3% from April to May, compared to an increase of 1.5% from this period in 2025. Breaking the data down by region in England, the North West recorded the largest monthly increase in house prices (1.4%), while the North East saw the greatest annual price rise (5.9%). Meanwhile, London recorded the biggest fall in monthly price by -1.2%, as well as the lowest annual price growth (-1.2%). On a seasonally adjusted basis, the estimated number of transactions of res...
To continue reading this article...
Join COVER for free
- Unlimited access to real-time news, key trend analysis and industry insights.
- Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
- Receive breaking news stories straight to your inbox in the daily newsletter.
- Members only access to monthly programme 'The COVER Review'
- Be the first to hear about our CPD accredited events and awards programmes.



