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UK House Prices Slow as Wigan Surges, London Declines

7/1/2025

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Summary

Story summary

UK house price growth decelerated to 1.4% in May, down from 1.6% in April, with the average home now priced at £268,400. While properties under £200,000 surged by 2.7%, higher-value markets faced a slight decline. Notably, Wigan and Falkirk thrived, while some areas in London and the south saw prices drop.

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Story summary

UK house price growth decelerated to 1.4% in May, down from 1.6% in April, with the average home now priced at £268,400. While properties under £200,000 surged by 2.7%, higher-value markets faced a slight decline. Notably, Wigan and Falkirk thrived, while some areas in London and the south saw prices drop.