House prices in Britain have risen by more than 6 per cent over the past year, official data revealed today as hotspots across the country were revealed.
The average property price is now £271,000, according to the latest House Price Index data for March 2025 which the Office for National Statistics released today.
Property prices increased by 1.1 per cent compared to February 2025 and by 6.4 per cent compared to March 2024 – a jump of £16,000 over the 12-month period.
Values in the year to March 2025 increased in England to £296,000 (up 6.7 per cent), in Scotland to £186,000 (up 4.6 per cent) and in Wales to £208,000 (up 3.6 per cent).
Within England, the biggest winners were in the North East where prices increased by 14.3 per cent annually. But London saw the lowest value rise at just 0.8 per cent.
