London & Kent property market data
Up-to-the-minute UK property news and lettings insights for homeowners, landlords, and investors.
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Property market outlook for 2025
Mortgage rates reaching a two-year low are expected to boost housing transactions in 2025, creating opportunities for both buyers and sellers. This trend could lead to property prices rising by up to 4% as predicted by industry experts.
The rental market also remains strong, with high tenant demand and increasing rents. For landlords, 2025 is the time to keep your portfolio compliant amidst changing regulations such as the Renters’ Rights Bill.
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Source: Dataloft Rental Market Analytics by PriceHubble, Bank of England, HMRC, ONS, Land Registry, MHCLG Data refers to the last 12 months. Annual price change is calculated on a £/sqft basis.
What’s happening in the UK housing market?
Key market indicators
Average UK house price
Mortgage approvals
Residential transactions
Gross mortgage lending
Average monthly rent
National averageData for latest month
£268,548
66,189
95,110
£21.3bn
£1,307
% annual change
4.9%
18.3%
14.4%
22.6%
7.9%
Average house
prices and rents
across the regions
East Midlands
Average UK house price
Data for
latest month
latest month
£232,883
% annual
change
change
-0.4%
Average monthly rent
Data for
latest month
latest month
£881
% annual
change
change
5.4%
Gross yield
Houses
5.3%
Flats
7.9%
All homes
5.8%
East of England
Average UK house price
Data for
latest month
latest month
£330,041
% annual
change
change
-1.1%
Average monthly rent
Data for
latest month
latest month
£1,200
% annual
change
change
6.7%
Gross yield
Houses
5%
Flats
7%
All homes
5.7%
Greater London
Average UK house price
Data for
latest month
latest month
£539,810
% annual
change
change
-1.4%
Average monthly rent
Data for
latest month
latest month
£2,040
% annual
change
change
1.4%
Gross yield
Houses
4.2%
Flats
5.7%
All homes
5.5%
North East
Average UK house price
Data for
latest month
latest month
£142,870
% annual
change
change
-1.3%
Average monthly rent
Data for
latest month
latest month
£755
% annual
change
change
9.4%
Gross yield
Houses
6.7%
Flats
9.3%
All homes
7.4%
North West
Average UK house price
Data for
latest month
latest month
£198,058
% annual
change
change
1.4%
Average monthly rent
Data for
latest month
latest month
£1,002
% annual
change
change
9.9%
Gross yield
Houses
6.3%
Flats
9.2%
All homes
7.7%
South East
Average UK house price
Data for
latest month
latest month
£373,769
% annual
change
change
-0.7%
Average monthly rent
Data for
latest month
latest month
£1,337
% annual
change
change
5.2%
Gross yield
Houses
4.8%
Flats
7.1%
All homes
5.5%
South West
Average UK house price
Data for
latest month
latest month
£305,412
% annual
change
change
-0.9%
Average monthly rent
Data for
latest month
latest month
£1,133
% annual
change
change
6.8%
Gross yield
Houses
4.9%
Flats
7%
All homes
5.6%
Wales
Average UK house price
Data for
latest month
latest month
£199,861
% annual
change
change
1.8%
Average monthly rent
Data for
latest month
latest month
£911
% annual
change
change
7.7%
Gross yield
Houses
6.2%
Flats
8.2%
All homes
7%
West Midlands
Average UK house price
Data for
latest month
latest month
£234,396
% annual
change
change
0.8%
Average monthly rent
Data for
latest month
latest month
£947
% annual
change
change
8.3%
Gross yield
Houses
5.3%
Flats
8.5%
All homes
6.1%
Yorkshire and the Humber
Average UK house price
Data for
latest month
latest month
£194,075
% annual
change
change
1.8%
Average monthly rent
Data for
latest month
latest month
£839
% annual
change
change
9.1%
Gross yield
Houses
5.7%
Flats
8%
All homes
6.5%
Scotland
Average UK house price
Data for
latest month
latest month
£187,434
% annual
change
change
4.6%
Average monthly rent
Data for
latest month
latest month
£1,008
% annual
change
change
10.8%
Gross yield
Houses
—
Flats
—
All homes
—
Source: Dataloft Rental Market Analytics by PriceHubble, Bank of England, HMRC, ONS, Land Registry, MHCLG Data refers to the last 12 months. Annual price change is calculated on a £/sqft basis.
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