Buying and Selling Property UK 2026 — The Complete Process Guide

Average House Price by Region UK 2026 — Property Values Across Britain

How much houses cost across the UK in 2026. Average property prices by region, city, and property type — plus affordability ratios and price trends.

Mortgage information is general guidance only. Mortgages are regulated by the FCA. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Consult an FCA-regulated mortgage adviser before making decisions.

House prices vary enormously across the UK — from under £100,000 in parts of the North to over £1 million in prime London. Here’s the full picture for 2026.

UK House Prices Overview 2026

National Summary

MetricValue
UK average house price£285,000
UK median house price£250,000
Annual price change+2.8%
First-time buyer average£235,000
Average deposit (FTB)£35,000 (15%)
Properties sold per year1.1 million

Average Prices by Country

CountryAverage PriceAnnual Change5-Year Change
England£305,000+2.5%+18%
Wales£215,000+3.8%+28%
Scotland£195,000+3.2%+22%
Northern Ireland£185,000+4.5%+32%
UK Average£285,000+2.8%+20%

Average House Price by Region — England

Regional Prices 2026

RegionAverage PriceAnnual Changevs UK Average
London£525,000+1.8%+84%
South East£385,000+2.2%+35%
East of England£340,000+2.5%+19%
South West£320,000+3.1%+12%
West Midlands£255,000+3.2%-11%
East Midlands£245,000+2.9%-14%
North West£225,000+3.5%-21%
Yorkshire & Humber£210,000+3.3%-26%
North East£165,000+2.8%-42%

What You Can Buy for the UK Average (£285,000)

RegionProperty Type
London1-bed flat (Zone 3-4)
South East2-bed flat or small house
South West3-bed semi-detached
Midlands3-4 bed detached
North West4-bed detached
North EastLarge 4-5 bed detached

House Prices by Major City

Most Expensive Cities

CityAverage Price3-Bed Semi1-Bed Flat
London£525,000£550,000£380,000
Oxford£485,000£520,000£320,000
Cambridge£475,000£510,000£310,000
Brighton£420,000£450,000£280,000
Bath£410,000£440,000£265,000
Winchester£520,000£550,000£320,000
Reading£365,000£390,000£245,000
Bristol£365,000£380,000£250,000
Southampton£280,000£295,000£175,000
Edinburgh£320,000£340,000£210,000

Mid-Range Cities

CityAverage Price3-Bed Semi1-Bed Flat
Manchester£280,000£300,000£185,000
Leeds£255,000£270,000£160,000
Birmingham£255,000£265,000£155,000
Glasgow£195,000£210,000£130,000
Nottingham£235,000£245,000£145,000
Leicester£240,000£250,000£145,000
Sheffield£220,000£230,000£135,000
Cardiff£280,000£295,000£175,000
Liverpool£185,000£195,000£120,000
Newcastle£195,000£205,000£125,000

Most Affordable Cities

CityAverage Price3-Bed Semi1-Bed Flat
Sunderland£140,000£145,000£75,000
Hull£145,000£150,000£80,000
Bradford£155,000£160,000£85,000
Stoke-on-Trent£160,000£165,000£85,000
Middlesbrough£150,000£155,000£80,000
Blackpool£140,000£145,000£70,000
Grimsby£135,000£140,000£70,000
Burnley£120,000£125,000£65,000
Dundee£165,000£175,000£100,000
Derry£155,000£165,000£95,000

London Borough Prices

Outer to Inner London

BoroughAverage PriceAnnual Change
Inner London
Kensington & Chelsea£1,400,000+1.2%
Westminster£1,050,000+0.8%
Camden£850,000+1.5%
Islington£720,000+1.8%
Hackney£620,000+2.2%
Tower Hamlets£480,000+2.5%
Southwark£540,000+2.0%
Lambeth£550,000+1.8%
Mid London
Richmond£850,000+1.5%
Wandsworth£680,000+1.8%
Hammersmith & Fulham£780,000+1.2%
Ealing£520,000+2.0%
Hounslow£450,000+2.5%
Greenwich£450,000+2.8%
Lewisham£450,000+2.5%
Outer London
Bromley£480,000+2.2%
Croydon£420,000+2.8%
Sutton£450,000+2.5%
Bexley£395,000+3.2%
Havering£410,000+3.0%
Barking & Dagenham£340,000+3.5%

House Prices by Property Type

UK Average by Type

Property TypeAverage Price% of Sales
Detached£445,00025%
Semi-detached£285,00028%
Terraced£240,00027%
Flat/maisonette£230,00020%

Regional Variation by Type

RegionDetachedSemiTerracedFlat
London£1,050,000£620,000£540,000£420,000
South East£585,000£375,000£320,000£240,000
South West£450,000£295,000£265,000£210,000
East£495,000£325,000£285,000£215,000
West Midlands£385,000£235,000£180,000£145,000
East Midlands£365,000£225,000£170,000£135,000
North West£345,000£205,000£155,000£140,000
Yorkshire£320,000£195,000£145,000£130,000
North East£270,000£155,000£115,000£95,000
Wales£330,000£195,000£155,000£135,000
Scotland£295,000£180,000£145,000£125,000

Affordability Ratios

House Price to Earnings

RegionAvg House PriceAvg SalaryPrice/Income Ratio
London£525,000£44,37011.8x
South East£385,000£38,50010.0x
East of England£340,000£35,8009.5x
South West£320,000£33,2009.6x
West Midlands£255,000£33,5007.6x
East Midlands£245,000£32,8007.5x
North West£225,000£33,2006.8x
Yorkshire£210,000£32,4006.5x
North East£165,000£31,2005.3x
Wales£215,000£31,5006.8x
Scotland£195,000£33,0005.9x
N. Ireland£185,000£30,8006.0x
UK£285,000£35,0008.1x

Income Needed to Buy

Based on 4.5x mortgage, 10% deposit

House PriceIncome NeededMonthly Mortgage Payment
£150,000£30,000£751
£200,000£40,000£1,001
£250,000£50,000£1,251
£300,000£60,000£1,501
£400,000£80,000£2,002
£500,000£100,000£2,502

Cheapest Places to Buy

Towns Under £150,000 Average

Town/AreaRegionAverage Price
ShildonCounty Durham£80,000
FerryhillCounty Durham£90,000
BurnleyLancashire£120,000
HordenCounty Durham£85,000
PeterleeCounty Durham£95,000
AccringtonLancashire£125,000
NelsonLancashire£115,000
Merthyr TydfilWales£130,000
Port TalbotWales£135,000
Ebbw ValeWales£125,000
AirdrieScotland£135,000
CumnockScotland£95,000

Where £100,000 Gets You a House

LocationWhat £100,000 Buys
County Durham2-3 bed terraced
Burnley2-3 bed terraced
Stoke-on-Trent2 bed terraced
Hull2 bed terraced
Bradford2 bed terraced
South Wales Valleys2-3 bed terraced
Central Scotland1-2 bed flat

Historical UK Average Prices

YearAverage PriceAnnual Change
2016£215,000+7.2%
2017£225,000+4.7%
2018£230,000+2.2%
2019£235,000+2.2%
2020£250,000+6.4%
2021£275,000+10.0%
2022£285,000+3.6%
2023£280,000-1.8%
2024£277,000-1.1%
2025£282,000+1.8%
2026£285,000+2.8%

Decade of Growth by Region

Region2016202610-Year Change
London£475,000£525,000+11%
South East£310,000£385,000+24%
East£280,000£340,000+21%
South West£240,000£320,000+33%
West Midlands£185,000£255,000+38%
East Midlands£175,000£245,000+40%
North West£155,000£225,000+45%
Yorkshire£150,000£210,000+40%
North East£125,000£165,000+32%
Wales£150,000£215,000+43%
Scotland£145,000£195,000+34%

First-Time Buyer Statistics

FTB Market 2026

MetricValue
Number of FTB purchases370,000
Average FTB property price£235,000
Average FTB deposit£35,000 (15%)
Average FTB age33
Average time saving8 years
% buying with help from family52%
Average family contribution£26,000

FTB Prices by Region

RegionFTB AverageDeposit (15%)Income Needed
London£420,000£63,000£79,000
South East£310,000£46,500£58,500
South West£260,000£39,000£49,000
East£280,000£42,000£53,000
West Midlands£210,000£31,500£39,500
East Midlands£200,000£30,000£38,000
North West£185,000£27,750£35,000
Yorkshire£175,000£26,250£33,000
North East£140,000£21,000£26,500
Wales£175,000£26,250£33,000
Scotland£165,000£24,750£31,000

Sources

  1. ONS — House Price Index
  2. HM Land Registry — Price paid data