How UK House Prices Have Changed in the Last 5 Years — And What It Means for You
Over the past half-decade, the UK housing market has seen some big swings. Whether you own a property or you’re thinking of selling, understanding what’s happened — and where we are now — could really help you decide whether now is the right moment.
🏡 Key Trends (2019-2025)
2019-2021Strong growth: from stable gains to big jumps once the pandemic hit. Prices rose rapidly as demand surged and supply stayed tight. Homeowners saw good gains. Many buyers faced increasing competition.
2021-2022Peak price growth: the annual change reached double digits in many parts of the country. Stamp duty reliefs, low interest rates and a rush to buy boosted prices. Office for National Statistics+2Statista+2
2022-2023Cooling off: the market experienced falls or slow growth in many regions. Rising interest rates and inflation began to bite, dampening demand. Office for National Statistics+2Statista+2
2023-2024Stabilisation and modest growth: things picked up again but much more slowly. Prices rose in many areas but nowhere near the heat of 2021-22. GOV.UK+2Zoopla for Business+2
2024-mid-2025Continued moderate gains: annual growth of around 3–4% UK-wide in many reports. Some regions still outperform, others lag. Polimapper+3GOV.UK+3YCharts+3
🌍 Regional Differences
Some regions (Northern Ireland, Scotland, Wales) have seen stronger growth more recently compared to parts of England. GOV.UK+2GOV.UK+2
London’s growth has often lagged, sometimes even dipping, especially when mortgage rates rise or demand softens. GOV.UK+1
Property type matters: detached homes have generally held value better; flats / maisonettes have seen lower growth or flatlining in many areas. Zoopla+2Zoopla for Business+2
Because averages and national data can mask what’s happening on your street, your postcode, or in your type of house, the best way to know what your home might be worth is to get a free, personalised online valuation.
👉 Click here to get your free valuation now — find out what your property could be worth today. No obligation, no hassle, just accurate info to help you make smart decisions.
