UK house prices have fallen -0.2% in the last year, bringing the average house price to £263,800. Here’s whether house prices are rising or falling in your region, city and local area in April 2024.
The latest articles on house price index
House prices fall -0.2% over the last year while market activity improves with more sales and mortgage approvals. Here’s the latest on the UK housing market from the Zoopla House Price Index for April 2024.
Home buyers are currently facing an annual increase of £4,300 on their mortgage repayments, rising to £7,500 in London.
Buyer confidence is improving and 12% more homes are going under offer compared to this time last year. Mortgage approvals for home purchases are also up 32%.
Mortgage rates are not expected to fall further this year, but rising wages are likely to improve affordability for buyers as house prices stay flat.
Seller discounts narrow in spring 2024 as more sales are agreed. Momentum is growing in the housing market and house prices don't need to fall further to support the continued recovery in sales.
The housing market continues to recover with house price falls steadying and 15% more property sales than this time last year. Get the latest on house prices and market trends with our House Price Index for February 2024.
Buyers have a lot more choice when it comes to securing a home in 2024. More sellers are coming to market as mortgage rates are expected to plateau at 4% to 5%.
Buyers are back in market and demand is now 11% up on this time last year. This is good news for sellers, as the number of sales agreed climbs 15%.
