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UK house prices are slowing down, as they only increased by 3%, to £273,000, in the 12 months to August 2025.
This is down from 3.2% in the 12 months to July 2025, according to official data published this morning .
They increased to £296,000 (2.9%) in England, £211,000 (2%) in Wales, and £194,000 (4%) in Scotland, in the 12 months to August 2025.
Separately, average UK monthly private rents increased by 5.5%, to £1,354, in the 12 months to September 2025.
This annual growth rate is down from 5.7% in the 12 months to August 2025.
Bob Singh, Founder at Uxbridge-based Chess Mortgages , said the housing market is being surprisingly resilient.
He added: "House prices once again seem to be defying the laws of gravity posting positive numbers despite the doom and gloom. Whi