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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This data shows a clear north–south split in UK housing supply. Homes for sale are rising across London and the South, while much of the North is seeing stock fall. The contrast raises questions about affordability, confidence, and whether higher supply in the South could limit house price growth into 2026.

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