The annual fee of house price growth slowed to 2.1% in June, from 3.5% in May.
That’s in line with Nationwide, which discovered that costs fell 0.8% in June to a mean £271,619.
Northern Ireland remained the highest performing space, with annual house price growth of 9.7%.
East Anglia was the weakest performing area, with a 1.1% year-on-year rise. Nationwide added that almost all areas noticed a softening in house price growth in Q2 2025.
Robert Gardner, Nationwide’s chief economist, stated: “UK house price growth slowed to 2.1% in June, from 3.5% in May. Prices declined by 0.8% month-on-month, after taking account of seasonal results.
“The softening in price growth might mirror weaker demand following the rise in stamp responsibility at first of April. Nevertheless, we nonetheless count on exercise to select up because the summer season progresses, regardless of ongoing financial uncertainties in the worldwide financial system, since underlying situations for potential homebuyers in the UK stay supportive.
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“Across England general, costs had been up 2.5% year-on-year, a slight softening from the three.3% annual rise seen final quarter. The north-south divide in house price efficiency narrowed through the quarter. Average costs in Northern England (comprising North, North West, Yorkshire & The Humber, East Midlands and West Midlands) had been up 3.1% 12 months on 12 months, while these in Southern England (South West, Outer South East, Outer Metropolitan, London and East Anglia) had been up 2.2%.”
The North was the highest performing area in England, with costs up 5.5%. Meanwhile, East Anglia was the weakest performer with annual growth of 1.1%.
