House Prices and Transactions on the Rise – August 2025

House Prices and Transactions on the Rise – August 2025

According to the Nationwide House Price Index, UK house prices rose by 0.6% between June and July, pushing the annual growth rate to 2.4%. This brings the average UK house price to £272,664, reversing some of the subdued performance seen earlier this year.

Commenting on the figures, Nationwide’s Chief Economist Robert Gardner noted that“ activity appears to be holding up well,” with mortgage approvals for June broadly in line with pre-pandemic norms. This points to a market that is not only stabilising but beginning to respond positively to improving conditions.

Supporting this view, HMRC data shows that residential transactions jumped by 13% in June, reaching 93,530 on a seasonally adjusted basis. This increase in transaction volumes suggests that buyer and seller confidence is gradually returning.

‍