Europe · GBP

    United Kingdom property market

    House prices in United Kingdom rose 0.9% in the year to Q1 2026, based on BIS data. After inflation, prices lost 2.2% over the same period. Rents changed +3.5% year on year. Over five years the nominal index is +16.7%.

    Last updated 28 July 2026

    Key metrics

    Prices

    House Price Growth YoY (Nominal)

    6.6%

    1 January 2025 · Global Property Search Research

    Median Asking Price, 1-Bedroom

    €327,432

    1 January 2025 · Global Property Search Research

    Apartment Price per Square Metre

    €5,959 /m²

    1 January 2025 · Global Property Search Research

    House Price Growth YoY (Real)

    1.7%

    1 January 2025 · Global Property Search Research

    Rents

    Median Rent per Square Metre

    €21 /m²/month

    1 January 2025 · Global Property Search Research

    Rent Growth YoY

    4.3%

    1 January 2025 · Global Property Search Research

    Yields & Affordability

    Price-to-Income Ratio

    7.2x

    1 January 2025 · Global Property Search Research

    Price-to-Rent Ratio

    22.5 yrs

    1 January 2025 · Global Property Search Research

    Gross Rental Yield

    5.46%

    1 January 2025 · Global Property Search Research

    Financing

    Average Mortgage Rate

    4.67%

    1 January 2025 · Global Property Search Research

    Taxes & Costs

    Effective Rental Income Tax

    18.4%

    1 January 2025 · Global Property Search Research

    Round-Trip Transaction Costs

    6.8%

    1 January 2025 · Global Property Search Research

    Economy

    Inflation Rate

    2.3%

    1 January 2025 · Global Property Search Research

    GDP per Capita

    €53,942

    1 January 2025 · Global Property Search Research

    Market analysis

    Our market analysis briefing for United Kingdom is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.

    Last updated 28 July 2026

    Taxes & costs

    Our taxes & costs briefing for United Kingdom is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.

    Last updated 28 July 2026

    Buying guide

    Our buying guide briefing for United Kingdom is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.

    Last updated 28 July 2026

    Rental law

    Our rental law briefing for United Kingdom is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.

    Last updated 28 July 2026

    Economy

    Our economy briefing for United Kingdom is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.

    Last updated 28 July 2026

    Featured cities in United Kingdom

    Go one level deeper: local price levels, rental demand and neighbourhood-by-neighbourhood guides for the main United Kingdom property markets.

    All city guides →

    Sources & methodology

    Read our full methodology or compare United Kingdom with other markets.

    United Kingdom property FAQs

    What is the average rental yield in United Kingdom?

    Gross rental yields in United Kingdom average 5.46% as of 1 January 2025.

    Are house prices rising in United Kingdom?

    Nominal house prices in United Kingdom changed +0.9% over the last year.

    What does it cost to buy property in United Kingdom?

    Round-trip transaction costs in United Kingdom run at about 6.8% of the purchase price, covering transfer tax, notary, registration and agency fees.

    What are typical mortgage rates in United Kingdom?

    The representative residential mortgage rate in United Kingdom is 4.67% as of 1 January 2025, based on central bank and official lending statistics.

    Can foreigners buy property in United Kingdom?

    Foreign-buyer rules in United Kingdom are covered in our buying guide section above, alongside transaction costs, taxes and the registration process.

    Where does this United Kingdom property data come from?

    Figures for United Kingdom are compiled from Global Property Search Research and were last updated 28 July 2026.

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