The average price of a property in the UK in September 2025 was valued at £272,000.

Every region except Scotland, Northern Ireland and Yorkshire registered a monthly fall, with London prices falling by 1.2% in September. London was the only region to register an annual decrease, with average house prices falling by 1.8% annually.

The annual 2.6% UK house price increase is driven largely by the North, with all northern regions registering above the UK average. Northern Ireland, Scotland and Yorkshire are leading the way, with annual changes of 7.1%, 5.3% and 4.5% respectively.

Alan Aitchison

Alan Aitchison, head of real estate and construction for Scotland at RSM UK, said: “The Scottish housing market continues to out-perform most of the rest of the UK, with high rent costs, particularly in the Central Belt, continued high buyer demand and the relatively resilient economy pushing prices up.

“On the supply side, the first half of the year has been extremely sluggish for new build completions north of the border, further driving the disparity between supply and demand. Approvals for new developments are coming through, principally in the affordable, student letting and build to rent segments, but there are still too many blockages stalling the rate of residential development across the country.”

He added: “Rachel Reeves Budget announcements on 26 November will also give much needed certainty for SDLT (and I hope some confirmation thereafter from her Scottish Govt counterpart on LBTT) on homes that has significantly slowed the housing market in recent months.”