EXPRESS INDEX - HOUSING MARKET UPDATE - April 2026

There are many UK housing market indexes released every month and we are attempting to provide the ultimate, comprehensive overview to the very fragmented reports available.

UK HOUSING MARKET SNAPSHOT

Average House Price
(Price Paid)

£268,000

Monthly Change 0.1%

Annual Change 1.2%

5 Year Change 17.02%

Source: HM Land Registry

Average House Price
(Asking Price)

£373,971

Monthly Change 0.8%

Annual Change -0.9%

5 Year Change 14.08%

Source: Rightmove

Number of Sales Completed

57,887

Monthly Change -1.4%

Annual Change -26.3%

5 Year Change -44.66%

Source: HM Land Registry

Sales Agreed

Annual Change 3.9%

Source: Rightmove

Total Available Properties

677,885

Available Properties Change

Monthly Change 0%

Average Time on Market

82 days

Source: Home

Average Time to Sell

66 days

Source: Rightmove

Price Reductions

0.4% properties price reduced last month

Source: Home

Mortgage Approvals

Annual Change -3.9%

Source: Bank of England

POSTCODE DISTRICT DATA
  • For the ‘Price Paid Data’ we use the most recent HM Land Registry data for home sales in England and Wales between September 2023 - March 2024.
  • We use a rolling 6 month snapshot of home sales in each localised Postcode District to reduce potential volatility.
  • In order to reduce the effect of outliers. We calculate average Postcode District prices using the median rather than the mean. This creates a more realistic representation of local transactions.
  • Traffic light system key:
    Green = Yoy > 2%
    br> Amber = Yoy >= -2% and Yoy <= 2%
    Red = Yoy < -2%
Price Paid Data
Asking Price Data
REGIONAL HOUSE PRICES
22
333
444
NATIONAL HOUSING MARKET COMMENTARY

"The average price of newly listed homes for sale rises by 0.8% (+£2,929) in April to £373,971, a slightly more muted increase than the long-term average of 1.2% for April. While spring usually brings stronger price growth, higher mortgage rates due to global uncertainty are limiting buyers’ spending power and keeping new seller pricing cautious. With the number of homes for sale at an eleven-year high and buyers having more choice than in any April over the past decade, competition between sellers remains intense"

"The March 2026 RICS UK Residential Market Survey results show the macro-related fallout linked to the conflict in the Middle East is taking its toll on both current activity and forward-looking sentiment. With intensifying inflationary pressures pushing borrowing costs higher, buyer demand has weakened, while near-term expectations have turned significantly more cautious over the month."

REGIONAL HOUSING MARKET COMMENTARY

"For house prices, the aggregate net balance of -23% is down from readings of -14% and -10% in the previous two iterations of the survey. This points to some renewed downward pressure on prices coming through, albeit still relatively moderate for the time being. At a regional level, London, East Anglia, as well as the South East and South West of England all exhibit more negative net balance readings for the house price gauge compared to the headline average. Conversely, respondents in Northern Ireland and Scotland continue to report rising prices."

"Meanwhile, sales agreed are holding up more consistently, with declines generally more modest and some regions - such as Yorkshire and the Humber and London - seeing broadly stable or slightly higher levels of activity compared to last year.

HOUSE PRICE PREDICTIONS FOR 2025

Tim Bannister, Property Expert at Rightmove: 4% rise

“More people choosing to make their move in 2025, teamed with lower mortgage rates, could push house prices up by 4% over the course of 2025… The big picture of market activity remains positive… which sets us up for what we predict will be a stronger 2025 in both prices and number of homes sold.”

Amanda Bryden, Head of Halifax Mortgages: 0% to +3% rise

“We expect modest house price growth in 2025, likely a little lower than this year at up to +3%… While further cuts to Bank Rate are still on the cards, the pace looks likely to be more gradual than previously anticipated… buyer demand should continue to hold up well.”

Richard Donnell, Executive Director at Zoopla: 2.5% rise

“The housing market has been resilient… Higher income growth and lower mortgage rates have helped reset housing affordability… We expect this to continue over 2025.”

Lucian Cook, Head of Residential Research at Savills: 1% rise

“Interest rates have fallen as expected, giving buyers a bit more financial capacity than they had a year ago… Greater geopolitical uncertainty… has made predicting the precise path of further cuts more challenging.”

Nick Barnes, Head of Research at Chestertons: 3.4% rise

“Chestertons forecasts that property prices will rise by 3.4% across the UK and 3% in London in 2025, supported by lower mortgage costs, modest but consistent growth for the UK economy and inflation staying around the Bank of England’s 2% target.”

HOUSE PRICE PREDICTIONS
IMPORTANT LIABILITY STATEMENT

An ExprEstimate is simply an estimation of what your property could be worth in current market conditions. This is calculated using an automated computerised system. We use a number of publicly available data sources to help calculate our estimations, maps, tables and other content. This data may be inaccurate or incomplete at times and therefore must not be relied upon. Our valuation estimations, maps and tables are provided to you for personal use, general interest and to provide homeowners with a useful starting point when trying to assess their property’s current value and the UK property market in general. These estimates, maps, tables and any other content should not be relied upon for any type of commercial transaction. We strongly recommend that you seek a professional valuation from a qualified surveyor / qualified professional before any property sale, purchase, mortgage or related purposes. We shall not be liable for any losses you or anyone else suffers as a result of relying on the valuations, maps, tables and any other content. This includes not being liable for any loss of profit, loss of bargain, loss of capital through over-payment or under-sale or for any indirect, special or consequential loss. We cannot and do not guarantee that the Service will be constantly available or error-free. Also, our liability to you is limited to £100. WE DO NOT EXCLUDE OR LIMIT OUR LIABILITY FOR ANYTHING WE ARE NOT ALLOWED TO AND YOUR STATUTORY RIGHTS AS A CONSUMER ARE NOT AFFECTED BY ANY OF THESE TERMS AND CONDITIONS.