The next UK House Price Index (HPI) release is scheduled for Wednesday, 26 March, 2025 at 09:30 UTC.
The House Price Index (HPI) is a measurement of changes in residential property prices over time. It provides insights into the housing market by tracking how house prices fluctuate due to factors such as demand, supply, inflation, and interest rates.
What is the house price index in the UK?
The UK’s average house price (as of December 2024) is £268,087, with the index recorded at 102.7.
See below for regional variations:
How often is the house price index updated?
The House Price Index (HPI) is updated at different intervals depending on the country and the publishing organisation.
The UK HPI includes data from England, Scotland, Wales, and Northern Ireland, and is published on the second or third Wednesday of each month (with Northern Ireland figures and data updated each quarter). However, there are occasions such as months including public holidays and the end of the financial year where the data is published on the fourth Wednesday or an alternative day.
What is the house price index release schedule?
See below for the UK House Price Index (HPI) publication dates in 2025:
However, please note that there are occasions such as months including public holidays and the end of the financial year where the data is published on the fourth Wednesday or an alternative day.
Are UK house prices falling?
The UK HPI's December data shows that on average, house prices have fallen by 0.1% since November 2024. However, there has been an annual price rise of 4.6% which makes the average property in the UK valued at £268,000
What is the average price of a house in the UK in 2024?
As of December 2024, the average house price in the UK is £268,087, and the index stands at 102.7. Property prices have fallen by 0.1% compared to the previous month, and risen by 4.6% compared to December 2023.
How long before house sold prices are published?
The UK index is based on completed sales data (using data from actual property sales rather than advertised prices), meaning there's a two-month lag due to data collection and processing times. (e.g., the March HPI release covers January data).
What is the most accurate house price index?
The most accurate House Price Index (HPI) depends on what aspect of the housing market you’re analysing. Each index has strengths and weaknesses based on the data sources, timing, and coverage.
UK House Price Index: Official & most comprehensive
- Produced by: HM Land Registry, ONS, Registers of Scotland, Land & Property Services (Northern Ireland)
- Data source: Completed sales (cash & mortgage transactions)
- Lag: ~2 months
- Best for: Long-term trends & full market coverage
Nationwide House Price Index: Best for mortgage-based tracking
- Produced by: Nationwide Building Society
- Data source: Mortgage lending data (excludes cash sales)
- Lag: ~1 month
- Best for: Early indicators of house price trends
Read more about the Halifax HPI here: When is the next Nationwide HPI published?
Halifax House Price Index: Similar to Nationwide with Halifax data
- Produced by: Halifax (part of Lloyds Banking Group)
- Data source: Halifax mortgage approvals only
- Lag: ~1 month
- Best for: Trends in mortgage-funded transactions
Read more about the Halifax HPI here: When is the next Halifax HPI published?
What is the UK property forecast for the next 5 years?
The UK property market is projected to experience moderate growth over the next five years, influenced by factors such as interest rates, wage growth, and regional disparities. Here's an overview based on recent forecasts:
Savills has revised its five-year UK house price growth forecast upward from 17.9% to 21.6%, anticipating more evenly distributed growth over this period.
Reuters Poll indicates that UK home prices are expected to increase by 3.5% in 2025, surpassing previous forecasts, driven by lower borrowing costs due to the Bank of England's interest rate cuts.
See Bank of England interest rate updates here: When is the next BoE interest rate decision?
This publication is intended for general information purposes only and should not be construed as financial, legal, tax, or other professional advice from Equals Money PLC or its subsidiaries and affiliates.
It is recommended to seek advice from a financial advisor, expert, or other professional. We do not make any representations, warranties, or guarantees, whether expressed or implied, regarding the accuracy, or completeness of the content in the publication.
