UK House Price Index for February 2026 published

HM Land Registry has published the February 2026 UK House Price Index, showing a 1.2% annual rise in UK house prices and an average property value of £268,000.

HM Land Registry published the UK House Price Index for February 2026 on 22 April 2026. The figures show UK house prices rose by 1.2% in the year to February 2026, up from a revised estimate of 1% in the 12 months to January 2026, taking the average UK property value to £268,0001. On a non-seasonally adjusted basis, average UK house prices rose by 0.1% between January 2026 and February 20261.

In England, house prices rose by 0.2% since January 2026, with an annual rise of 0.8% taking the average property value to £290,0001. The North East recorded the largest monthly increase in England, at 2.7%, while London saw the biggest monthly fall, at -1.9%1. Yorkshire and the Humber had the greatest annual rise in England, up 3.9%, and London had the lowest annual growth, at -3.3%1.

"UK house prices rose by 1.2% in the year to February 2026, up from the revised estimate of 1% in the 12 months to January 2026."
HM Land Registry, UK House Price Index for February 20261

Regional figures for England:

RegionAverage price February 2026Annual change since February 2025Monthly change since January 2026
East Midlands£239,0001.2%-0.2%
East of England£335,0000.9%0.1%
London£542,000-3.3%-1.9%
North East£163,0003.6%2.7%
North West£216,0003.4%1.1%
South East£377,000-0.9%-0.4%
South West£300,000-0.6%0
West Midlands£249,0001.6%0.9%
Yorkshire and the Humber£209,0003.9%1.4%

Source: HM Land Registry, UK House Price Index for February 20261

Wales recorded a monthly rise of 0.3% and an annual increase of 2.5%, taking the average property value to £210,0001. The release does not include February 2026 figures for Scotland or Northern Ireland; Northern Ireland figures are published quarterly, with the most recent report covering October to December 20252. The UK HPI draws on data from HM Land Registry, Registers of Scotland, Land & Property Services/Northern Ireland Statistics and Research Agency and the Valuation Office Agency1.

The UK Property Transactions Statistics showed an estimated 102,000 residential transactions of £40,000 or greater in February 2026 on a seasonally adjusted basis, 5.6% lower than a year earlier, while transactions rose 5.6% between January and February 20261. HM Land Registry said the UK HPI is based on completed housing transactions, which typically take 6 to 8 weeks to reach completion, and that it is important not to put too much weight on one month's set of house price data1.

Why it matters for households

The index is a backward-looking measure of completed sales, so the February figures reflect purchases agreed in late 2025 and early 2026. For anyone tracking the value of their home or planning a move, the national average of £268,000 masks wide regional variation: the average in the North East was £163,000, against £542,000 in London1. In England, the average first-time buyer property was £243,000 in February 2026, up 0.7% annually, while the average former owner occupier property was £352,000, up 0.9%1. Flats and maisonettes in England fell 3.8% annually to an average of £216,000, while semi-detached homes rose 2.6% to £289,0001. In London, flats fell 6.1% annually to £421,0001. HM Land Registry said new build and existing resold property figures are no longer published as before because there are not currently enough new build transactions to provide a reliable result1.

What happens next

HM Land Registry said it will publish the March 2026 UK HPI at 9:30am on Wednesday 20 May 20261. The UK HPI revision period has been extended to 13 months, following a review of the revision policy1. Data downloads for February 2026, including revisions tables, are available in CSV format3.

Sources3 cited
  1. UK House Price Index for February 2026 - GOV.UK gov.uk
  2. UK House Price Index for February 2026 - GOV.UK gov.uk
  3. UK House Price Index: data downloads February 2026 - GOV.UK gov.uk