Nationwide HPI shows the housing market sure but steady

Nationwide House Price Index shows house prices increased by 0.5% between August and September of this year.

On an annual basis, the average house price increased by 2.2%, up from a 2.1% annual rate of growth in August, as a result, the average UK house price now sits at £271,005.

Verona Frankish, CEO of Yopa, said, “Whilst we’re not seeing fireworks in terms of house price performance as we head into October, the overarching air of stability that has materialised in recent months suggests that market activity remains robust.

We’re now entering a traditionally busy time of year, and the expectation is that this momentum will only build.

That said, those hoping for Father Christmas to deliver a completed sale by December 25th need to act now, whether that means listing their property for sale or getting their finances in order to purchase. The window to move before Christmas is now open, but it won’t stay that way for long.”

Marc von Grundherr, Director of Benham and Reeves, said, “Another month of steady growth demonstrates the remarkable consistency of the UK property market.

London, of course, remains the outlier and growth has been slower across the capital. However, even the most modest gains equate to thousands of pounds in real terms given the capital’s higher values.

The message is clear: this is a market that refuses to stand still. While growth may not be headline-grabbing, it is sustainable, it is reliable, and it is happening in spite of seasonal distractions, interest rate speculation and political noise.”

Guy Gittins, CEO of Foxtons, said, “UK house prices have continued to edge higher on both a monthly and annual basis, further demonstrating the resilience and consistency of the market, which has been the theme for much of 2025.

Progress during the traditionally quieter summer months has been steady and, with the added stability of another base rate hold, the outlook for the remainder of the year remains positive, despite some uncertainty surrounding the upcoming budget.

Sellers looking to complete their sale before Christmas need to be entering the market now with the right agent and an added sense of urgency.”