The UK Housing Market

How much will you pay on a mortgage?

Knowing the current housing market trends, forecasts, and predictions may help you understand how housing prices move if you own property in the UK or are considering purchasing a home.

Some market predictions from banks infer that the housing market bubble has burst and that the property market, in general, is on a downward trend.

Nationwide and Halifax House Price Indexes

Both the Nationwide Building Society and the Halifax publish house price data each month showing the average price of homes across the country by region. They base the results on the lending data for approved mortgages at the approval stage. The data for both are generally derived using the same calculations, although there are some slight variations in how these are all calculated.

The Nationwide index can be found here and the Halifax results are shown here as the Halifax is now part of the Lloyds banking group. The Land Registry also publishes its own house price index, and its methodology is different.

Nationwide House Price Index Chart 2024

Halifax House Price Index Chart 2024

Check this page regularly, as we publish all the latest news and views on the UK housing market, property prices, trends, and predictions from the leading market commentators.