Property in the northwest has risen by nearly 10 percent.
As of April 2026, property prices in the UK have risen by 3.8% year-on-year and by 0.7% month-on-month. The sharp increase followed a period of stagnation in March, according to data from the Office for National Statistics (ONS).
The average price of a residential property in England has risen to £291,000 (+3.9%), in Wales to £212,000 (+3.5%), in Scotland to £192,000 (+2.8%), and in Northern Ireland to £198,000 (+7.4%).
In England, the price increase has been uneven; the most significant rise over the year was in the northeast of the country (9.9%). ONS analysts explain the dynamics of the indicators for England and Northern Ireland by changes in stamp duty rules: buyers influenced demand and prices by trying to purchase property before the new scale came into effect. Meanwhile, in London, property prices have decreased by 2.1% year-on-year — this trend has persisted for the ninth consecutive month.
The average rent as of May 2026 was £1,383 per month (+3.3%, or £44 over the year). In England, this figure is £1,442 (+3.4%), in Wales it is £836 (+4.7%), in Scotland it is £1,009 (+1%), and in Northern Ireland it is £876 (+3.3%). London real estate agencies note that typically, rental activity and rising rents are inversely proportional to property sales; however, both indicators are currently showing growth, writes The Independent.
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