House prices are expected to stay on a positive trajectory over the course of 2025*.
House prices returned to growth in 2024, with prices increasing by 1.5% in the 12 months to October – an improvement on -1.2% the year before. The average UK house price is £267,000 and is expected to rise by 2.5% in 2025. Meanwhile, sales agreed are expected to increase by 5% to 1.15 million.
Promisingly, all regions and countries in the UK recorded positive annual house price growth in 2024, with Northern Ireland (6.3%) and North West England (2.9%) leading the way. In southern England, growth is still below 1% due to continuing affordability challenges.
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Your home may be repossessed if you do not keep up repayments on your mortgage
*Zoopla, 2024
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