February House Price Index headline statistics

Average house price

£301,151

Monthly change

+0.3%

Quarterly change

+0.2%

Annual change

+1.3%

Amanda Bryden, Head of Mortgages, Halifax, said:

“The housing market built on its steady start to the year in February, with average prices rising by +0.3%, following an increase of +0.8% in January. Annual growth also picked up to +1.3%, its strongest rate for 4 months. Since the start of the year, average prices have increased by around £3,000, with a typical property now costing £301,151.

“These latest figures suggest the market has regained some momentum after a softer end to 2025. While industry data for January show a slight easing in new mortgage approvals, overall activity has continued to prove resilient.

“There’s no doubt that affordability remains stretched, supply is constrained, and regional disparities persist. For those without family support, the path to home ownership feels particularly challenging. 

“However, conditions have been gradually improving, with easing interest rates and real wage growth helping to support buyer confidence. As ever, timely and expert advice remains key to helping more people achieve their goal of stepping onto the property ladder.

“Looking ahead, geopolitical uncertainties seem set to influence the outlook for inflation and the wider economy. Against that backdrop, markets are now anticipating a more gradual path for interest‑rate reductions. If realised, the speed at which borrowing costs ease may be tempered.”

Future press releases

Published at 7.00am on:

  • Wednesday 08 April 2026
  • Friday 08 May 2026
  • Friday 05 June 2026
  • Tuesday 07 July 2026
  • Friday 07 August 2026
  • Friday 07 September 2026

Mortgage calculator

Find out how much your mortgage payments could be.

Mortgage calculator

First time buyer mortgages

Our range of first time buyer mortgage deals could help you get the keys to your new home.

First time buyer mortgages

Moving home

We'll take you step by step through the process of buying your new home.

Moving home

Move your mortgage to us

Got a mortgage with another lender? You could save money by remortgaging to us.

Remortgage to us

Existing customers

Looking to switch to a new deal, borrow more or move to a new home with your existing mortgage?

Existing customers

About the Halifax House Price Index

The Halifax House Price Index is the UK's longest running monthly house price series with data covering the whole country going back to January 1983.

From this data, a "standardised" house price is calculated and property price movements on a like-for-like basis (including seasonal adjustments) are analysed over time. The annual change figure is calculated by comparing the current month seasonally adjusted figure with the same month a year earlier.

S&P DJI, a world leader in critical information, analytics and solutions (NYSE: INFO) owns and acts as administrator for the Halifax House Price Index. For more information and details on how to access other indices from the Halifax House Price Index family go to the S&P Global website.

For all Halifax press releases, please see lloydsbankinggroup.com