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UK house prices rise 0.3% in August, Halifax says

UK house prices reached a record £299,331 in August 2025 with Northern Ireland leading growth at 8.1%, while first-time buyers saw improved affordability, Halifax reported.

  • House prices in the UK rose by 0.3% in August, supported by improving affordability and resilient demand, according to Halifax.
  • The average property price in the UK now stands at a new record high of £299,331, although annual growth has eased slightly to 2.2%.
  • Mortgage approvals picked up to a six-month high in July according to data from the Bank of England, signaling that demand is starting to recover slowly.
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derrynow.com broke the news in on Friday, September 5, 2025.
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