Housing · 2 March 2026
UK house prices rise 1% annually as average hits £273,176
Photo by Peter Steele on Pexels
Nationwide Building Society reported on 2 March that annual UK house price growth held steady at 1.0% in February, unchanged from January, with a 0.3% month-on-month rise. The average house price now stands at £273,176, up from £270,873 in January. Chief economist Robert Gardner said the figures support the view of a modest recovery following a dip at the end of 2025, which was most likely linked to uncertainty around potential property tax changes ahead of the Budget. Total housing market transactions in 2025 were 10% higher than in 2024.
Reported by Nationwide / PA Media · How we write briefs