The July 2025 Halifax House Price Index was released earlier today – Is the market getting stronger?
The Halifax House Price Index (HPI) for July 2025 was published today – we’ve put together an overview of what it covers.
The latest data shows that UK house prices have increased by +0.4% in July, following a +0.1% rise in June. The average house price now sits at £298,237.
According to the index, year-on-year prices are +2.4%, a slight decline from June’s +2.7%. North West and Yorkshire and the Humber retain the highest annual house price growth of +4.0%, with average property values in these areas now £242,293 and £215,532 respectively. Northern Ireland continues to record the strongest property price growth of any nation or region in the UK, with a +9.3% increase over the past year, and an average cost of £214,832.
Amanda Bryden, Head of Mortgages, Halifax noted that “Challenges remain for those looking to move up or onto the property ladder. But with mortgage rates continuing to ease and wages still rising, the picture on affordability is gradually improving. […] The second half of this year will also see a notable rise in homeowners coming to the end of fixed-rate deals taken out during the pandemic-era property boom; a period marked by ultra-low interest rates and soaring house prices.”
The next Halifax House Price Index is scheduled for release on Friday 5th September 2025.