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Halifax House Price Index
House prices in August 2025 were +2.2% higher than the same month a year earlier.
05 September: Halifax House Price Index – August 2025 05 September: Halifax House Price Index – August 2025 (PDF, 352KB, opens in a new window)
August House Price Index Headline Statistics
Amanda Bryden, Head of Mortgages, Halifax, said:
““UK house prices rose again in August, up by +0.3% (£932), marking the third consecutive monthly increase. The average property price now stands at £299,331 – a new record high – although annual growth has eased slightly to +2.2%.
“The story of the housing market in 2025 has been one of stability. Since January, prices have risen by less than £600, underlining how steady the market has been despite wider economic pressures.
“Affordability remains a challenge, but there are signs of improvement. Interest rates have been on a gradual downward path for nearly two years, and many of the most competitive fixed-rate mortgage deals now offer rates below 4%.
“Combined with strong wage growth – which has outpaced house price inflation for nearly three years – this is giving more prospective buyers the confidence to take the next step. Summer is typically a quieter period for the market, so the recent rise in mortgage approvals to a six-month high is an encouraging sign of underlying demand.
“While the wider economic picture remains uncertain, the housing market has shown over recent years that it can take these challenges in its stride. Supported by improving affordability and resilient demand, we expect to see a slow but steady climb in property prices through the rest of this year.”
First-time buyer affordability improves
“Though overall prices have edged higher, average property values for first-time buyers moved in the opposite direction over the summer, a trend that will be welcomed by those looking to get on the ladder.
“For those able to overcome the hurdle of saving a deposit, the numbers increasingly stack up. The typical first-time buyer property now costs £237,577, down -0.6% since May. On a 95% LTV mortgage over 30 years, that could mean monthly repayments of around £1,179 compared to the average UK private rent of £1,343.”
Future press releases
Published at 7.00am on:
Tuesday 7th October 2025
Friday 7th November 2025
Friday 5th December 2025
Thursday 8th January 2026
Friday 6th February 2026
Friday 6th March 2026
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