House prices rose 13.2% in June to highest level since 2004: UK HPI

House prices rose 13.2% in June to highest level since 2004: UK HPI

Average house prices increased by 13.2% over the year to June, up from 9.8% in May - the highest annual growth rate since November 2004, according to the latest UK House Price Index from the ONS. UK average house prices reached a record high of £266,000 in June 2021, which is £31,000 higher than this time last year.

Average house prices increased over the year by 13.3% in England, 16.7% in Wales, 12.0% in Scotland, and 9.0% in Northern Ireland.
The North West was the region with the highest annual house price growth, with average prices increasing by 18.6% in the year to June, up from 14.2% in May.
London continues to be the region with the lowest annual growth (6.3%) for the seventh consecutive month.


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At first glance, UK house prices rising tens of thousands of per cent since 1900 look absurd. But annualised over 126 years, growth averages around 4.5 to 5 per cent a year. It is not sudden surges but steady compounding that drives values higher, showing property rewards time in the market more than attempts to time it.

Welcome back to the latest insight into Attleborough’s property market. This month’s £ per square foot snapshot offers a fresh look at the market’s underlying rhythm. It reflects the mix of homes currently for sale rather than headline price swings. Curious how your property fits the picture? Let’s arrange a relaxed, no obligation chat.

Average house prices grab the headlines, yet they only tell part of the story. Looking at price per square foot reveals what buyers are truly paying for space. The 2025 figures show sharp regional contrasts, highlighting how the same budget can deliver vastly different lifestyles depending on where you buy.

Attleborough homeowners and landlords, stay ahead of the market. Each month we track the rolling average price of homes bought and sold locally, revealing trends that numbers alone can’t show. Our regular insights go beyond the figures, helping you understand your property’s value and make informed decisions, to learn more please read the article.