Finance

UK house prices rose by 1.2% in year to February, ONS says

Published by Global Banking & Finance Review

Posted on April 22, 2026

1 min read

· Last updated: April 22, 2026

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UK house prices rose by 1.2% in year to February, ONS says
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April 22 (Reuters) - British house prices rose by 1.2% in the year to February, after a 1.0% increase in the year to January, the Office for National Statistics said on Wednesday. Average UK monthly

UK House Prices Rise by 1.2% Annually in February, ONS Figures Show

Key Insights from the Latest ONS Housing and Rental Data

Annual Growth in UK House Prices

April 22 (Reuters) - British house prices rose by 1.2% in the year to February, after a 1.0% increase in the year to January, the Office for National Statistics said on Wednesday.

Trends in UK Private Rents

Monthly Rent Increases

Average UK monthly private rents increased by 3.4% in the year to March, compared with 3.6% the 12 months to February, the ONS said, marking the smallest rise in four years.

Reporting Source

(Reporting by Andy Bruce)

Key Takeaways

  • House price inflation is gradually picking up, rising from 1.0% in January to 1.2% in February.
  • Rental inflation is cooling, with the March rate (3.4%) marking the slowest annual increase since around 2022.
  • The housing market remains subdued compared to recent years, with underlying inflation and affordability challenges moderating growth.

Frequently Asked Questions

How much did UK house prices rise in the year to February?
UK house prices increased by 1.2% in the year to February, according to the ONS.
What was the increase in UK house prices in the year to January?
In the year to January, UK house prices rose by 1.0%, as reported by the ONS.
How much did average UK private rents increase in the year to March?
Average UK monthly private rents increased by 3.4% in the year to March.
What was notable about the rise in private rents?
The 3.4% rise in private rents marked the smallest increase in four years.
Which organization released the house price data?
The Office for National Statistics (ONS) released the house price and rent data.

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