Halifax House Price Index October: The highest house prices on record

The October 2025 Halifax House Price Index was released earlier today – what is happening in the market at the moment?

TheHalifax House Price Index(HPI) for October 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 +0.6% in October, following a -0.3% fall in September. The average house price now sits at £299,862.

According to the index, year-on-year prices are +1.9%. Northern Ireland continues to record the strongest property price growth of any nation or region in the UK, with average values up +8.0%, and an average home now costing £219,646. 

Amanda Bryden, Head of Mortgages, Halifax noted that “October saw the biggest monthly rise in UK house prices since January this year, with the value of the average UK home increasing by +0.6% (£1,647). That brings the typical property price up to £299,862 – the highest on record – while annual growth also increased to +1.9% (from +1.3%). Demand from buyers has held up well coming into autumn, despite a degree of uncertainty in the market, with the number of new mortgages being approved recently hitting its highest level so far this year.”

  • Average house prices increased by +0.6% in October.
  • Property prices grew +1.9% on an annual basis.
  • Typical UK home now costs £299,862.
  • Northern Ireland continues to have the strongest annual property price growth in the UK.

 The next Halifax House Price Indexis scheduled for release on Friday 5th December 2025.

Delve deeper into property market data for 2025 and discover our latest Property Transactions Report.

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