The average UK house price was £273,000 in August 2026, according to the UK House Price Index (HPI) published by ONS and HM Land Registry. Prices range from £165,640 on average in the North East to £554,430 in London. The figures for the latest months are provisional and are revised as more sales are registered.
For what’s driving prices and how the index works, see the UK house prices guide.
Average Prices by Nation
| Nation | Average price | vs UK average (£273,000) |
|---|---|---|
| England | £293,525 | +8% |
| Wales | £216,363 | −21% |
| Scotland | £198,397 | −27% |
| Northern Ireland (Q2 2026) | £202,487 | −26% |
Source: UK House Price Index, August 2026. Northern Ireland’s figure is quarterly (Q2 2026, April to June).
Average House Price by English Region
| Region | Average price | vs UK average |
|---|---|---|
| London | £554,430 | +103% |
| South East | £379,953 | +39% |
| East of England | £337,848 | +24% |
| South West | £304,139 | +11% |
| West Midlands | £250,731 | −8% |
| East Midlands | £241,955 | −11% |
| North West | £220,393 | −19% |
| Yorkshire and the Humber | £209,266 | −23% |
| North East | £165,640 | −39% |
Source: UK House Price Index, August 2026.
London has the most expensive average price of the nine English regions and the North East the cheapest. An average London home costs 3.3 times an average North East home.
The average first-time buyer in Great Britain paid £230,097 (August 2026). For what it takes to buy your first home, see the first-time buyers hub.
Affordability: House Price to Earnings
Average house price divided by the median full-time salary for jobs in the same area:
| Area | Average house price | Median full-time salary | Price to salary |
|---|---|---|---|
| London | £554,430 | £53,132 | 10.4× |
| South East | £379,953 | £41,664 | 9.1× |
| East of England | £337,848 | £40,531 | 8.3× |
| South West | £304,139 | £39,078 | 7.8× |
| West Midlands | £250,731 | £38,628 | 6.5× |
| East Midlands | £241,955 | £36,975 | 6.5× |
| North West | £220,393 | £38,599 | 5.7× |
| Yorkshire and the Humber | £209,266 | £37,519 | 5.6× |
| North East | £165,640 | £36,460 | 4.5× |
| Wales | £216,363 | £37,330 | 5.8× |
| Scotland | £198,397 | £41,466 | 4.8× |
| Northern Ireland | £202,487 | £38,203 | 5.3× |
| UK | £273,000 | £40,911 | 6.7× |
House prices: UK House Price Index, August 2026 (Northern Ireland Q2 2026). Salaries: ONS Annual Survey of Hours and Earnings, April 2026 (provisional), Table 7.7a, median gross annual pay for full-time employees by place of work. These ratios use one full-time salary and an average-priced home; ONS’s own affordability statistics use workplace-based earnings and median prices, so their ratios differ.
At these figures an average London home costs 2.3 times as many years of median full-time pay as an average North East home.
Income Needed to Buy
This illustration assumes a 10% deposit and a lender willing to lend 4.5 times income. Lenders’ maximum multiples and affordability checks vary, so use the mortgage affordability calculator for your own figures.
| House price | Mortgage (90%) | Income needed at 4.5 times |
|---|---|---|
| £150,000 | £135,000 | £30,000 |
| £200,000 | £180,000 | £40,000 |
| £250,000 | £225,000 | £50,000 |
| £300,000 | £270,000 | £60,000 |
| £400,000 | £360,000 | £80,000 |
| £500,000 | £450,000 | £100,000 |
Related Guides
- London vs North salary comparison
- Mortgage Application UK 2026: Step-by-Step Guide from AIP to Completion
Your home may be repossessed if you do not keep up repayments on your mortgage. PocketWise provides information and guidance, not financial advice. Seek independent mortgage advice before making decisions about borrowing.