UK house prices showed modest growth in November 2025, though signs of cooling demand are emerging in parts of the market.
According to Nationwide Building Society, the average UK home price reached £272,998, reflecting a 0.3% month-on-month increase. However, annual price growth eased to 1.8%, down from 2.4% in October, indicating slower momentum.
Data from the UK House Price Index (HM Land Registry) also points to steady annual growth. As of September 2025, average property values stood at approximately £272,000, marking a 2.6% increase year-on-year, despite a small monthly decline of 0.6%.
Market sentiment among sellers appears to be shifting. The Rightmove House Price Index reported that average asking prices for newly listed homes fell by 1.8% in November, dropping to £364,833. This represents the largest November decline since 2012, suggesting sellers are adjusting expectations amid affordability pressures.
Regional differences remain pronounced. Northern England and mid-region markets continue to demonstrate resilience and modest growth, while higher-value areas, particularly London and parts of Southern England, are experiencing softer price performance.