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House Prices Down 2.7% In April As Stamp Duty Changes Begin To Bite
UNITED KINGDOM, JUN 19 – Annual house price growth in the UK slowed to 3.5% in April after stamp duty discounts ended, halving from 7% growth the previous month, Office for National Statistics reported.
- The UK house price inflation slowed to 3.5% in the 12 months to April 2025, down from 7.0% in March, according to the ONS.
- This slowdown followed the end of the stamp duty holiday on March 31 and less generous discounts from April in England and Northern Ireland.
- The market shows regional variation with the North East up 6.4%, London modestly growing at 3.3%, and South West England slowing to 0.9% annual inflation.
- Westpac's chief economist Kelly Eckhold described the downturn as "more prolonged and deeper," while forecasts expect up to 6% growth this year despite these pressures.
- The slower price growth implies a buyer’s market supported by rising stock levels and may lead to further moderation in house price inflation throughout 2025.
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Daily MirrorReposted by 
The Business Times
The Business TimesHouse prices have slowed sharply but one area is bucking the trend
Official research has revealed a sharp slowdown in house prices - but it's a mixed picture, with the data also showing the massive gulf between the cheapest and most expensive areas
·London, United Kingdom
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Total News Sources19
Leaning Left4Leaning Right0Center8Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
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