The average UK house price rose by 2.5% to £271,000 in the year to November 2025, according to the Office for National Statistics (ONS).
This annual growth rate is up from 1.9% in the 12 months to October 2025.
Average house prices increased to £293,000 (2.2%) in England, £209,000 (70bps) in Wales and £193,000 (4.5%) in Scotland, in the 12 months to November 2025.
Average UK monthly private rents increased by 4% in the 12 months to December 2025.
The North East was the English region with the highest house price inflation, at 6.8%, in the 12 months to November. This was up from 5.2% in the 12 months to October 2025.
Annual house price inflation was lowest in London. Prices fell by 1.2% in the 12 months to November, compared with a fall of 2.6% in the 12 months to October 2025.
All statistics are non-seasonally adjusted provisional estimates.
Shawbrook sales and distribution director for retail mortgages Louise Apollonio said: “Against expectations, house prices rose in November, with determined buyers and sellers looking to lock in offers and deals despite growing anticipation of the Autumn Budget and the slow-down ahead of Christmas. This could primarily be fuelled by an excess of stock for potential buyers to choose from, especially as amateur landlords are selling up.
“Despite consumers feeling the squeeze of inflation, heightened demand shows that getting on the property ladder is a primary concern and goal for many.”
Jeremy Leaf, estate agent and former RICS residential chairman, said: “The most comprehensive of all the property reports, this one from the ONS – though a little dated – confirms what we’re seeing on the ground. Talk of a possible market correction was premature. Activity is holding up better than expected, supported by falling mortgage rates with the overwhelming majority of transactions completing despite some hard bargaining.
“Worries about what was likely to be included in the Budget inevitably prompted many to press the pause rather than the stop button. The relief is now palpable.”