UK house prices have risen 1.5% since July 2024, with an annual price rise of 2.8%, according to the Office for National Statistics (ONS). This marks six months in a row of year-on-year rises.
House price growth seems to be picking up the pace as we move towards 2025, with prices increasing 1.8% in the 12 months up to July 2023 before jumping to 2.3% in the 12 months before August 2024 - remaining in accordance with our house price prediction for the next five years.
