UK house price growth accelerated to 3.7% in the year to June, up from 2.7% in May, according to the latest UK House Price Index published by the Office for National Statistics (ONS).

On a monthly basis, the ONS reported that house prices climbed by 1.4% following the end of May, taking the average UK house price to £269,000 at the end of June.

Across the home nations, average house prices increased in England to £291,000 (3.3%), in Wales to £210,000 (2.6%), and in Scotland to £192,000 (5.9%), in the 12 months to June.

In Northern Ireland, the average house price was £185,000 in the second quarter of 2025, up 5.5% compared to the corresponding period between in April and June in 2024.

Head of business development at Saffron for Intermediaries, Tony Hall, said that the latest ONS figures show “renewed momentum” in the housing market, with steady price growth supported by “increased buyer confidence and a wider choice of mortgage products”.

“Recent criteria changes from lenders are giving borrowers greater flexibility, which is helping many to move ahead with plans they may have paused earlier in the year,” Hall commented. “A higher number of homes on the market is also sustaining activity and preventing sharp rises in affordability pressures.”

Octane Capital CEO, Jonathan Samuels, added that the mortgage sector had been a “key driver” behind the stability.

“Where approvals have now increased for two consecutive months and are fuelling current momentum,” he said.

“This renewed activity in lending is helping to underpin demand and stimulate the wider market, providing the liquidity that buyers need to proceed with confidence. With the mortgage market continuing to support transactions, we expect to see further positive momentum in house prices over the coming months.”

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