Our trusted data partners at e.surv, in collaboration with property analytics specialists Acadata, delivered a comprehensive House Price Index for England and Wales, built on deep valuation expertise and a clear understanding of market dynamics.
In the latest update, Rob Owens, Head of Research, shares: “The housing market showed signs of stabilising in June, with average prices in England and Wales holding steady at just under £358,000. This suggests the recent period of modest price decline may be ending.”
While prices remain 1.4% lower than in May 2024, the overall picture is one of resilience. Regional variation remains a key feature, with average prices ranging from £198,941 in the North East to £686,525 in London—a spread of more than threefold.
Annual price changes also differ across regions, with Yorkshire and The Humber seeing a rise of 2.1% and the South West experiencing a decline of 3.5%
Regional trends to watch
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Northern markets have cooled slightly, but not dramatically.
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Softer market conditions in the North and Midlands are helping to narrow the regional price gap.
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London is showing early signs of recovery after 18 months of stagnation.
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Southern England continues to weigh down overall growth figures.
Market outlook for late 2025
Despite subdued values in some areas, the housing market remains active. Sales and purchases are progressing at a steady pace, with momentum carried over from a strong start to the year.
The temporary Stamp Duty reduction, which ended on 31 March, spurred a 17% increase in Q1 sales compared to the same period in 2024.
Since then, buyer caution has grown - but seller activity has held firm, leading to a 5% rise in new listings year on year. This has helped attract more buyers, resulting in a 6% increase in completed sales. (Source: Chris Watkin and TwentyEA)
Opportunities for Buyers and Investors
Current conditions may favour those looking to invest. With prices perceived as fair and some sellers facing longer marketing periods, there’s room to negotiate.
Those ready to act could secure competitive deals before potential price increases later this year.
That said, the outlook depends on broader economic stability - particularly continued progress on inflation and interest rates.
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