House Prices in England & Wales

National Market Overview Over the past five years, England and Wales recorded 4.15 million property sales with an average price of £363,048 and median price of £285,500, representing growth of 10.8% across the period. The market has remained relatively stable in recent years, with average prices fluctuating between £364,625 and £369,808 from 2025 onwards, suggesting a consolidation phase after earlier gains.

Regional Price Differences Significant regional variation exists across the market. London-commuter areas and coastal regions command premium prices, with Brighton and Hove at £490,212 and Bath and North East Somerset at £492,590, while Bournemouth, Christchurch and Poole averages £399,721. In contrast, post-industrial areas show considerably lower values: Kingston upon Hull averages £144,864, Rhondda Cynon Taff £173,595, and North Lincolnshire £197,341, with Greater Manchester—the highest-volume market—averaging £262,228 across nearly 178,000 sales.

Price Trends Over Time Annual data shows prices peaked at £369,187 in 2022, followed by slight softening to £367,900 in 2023 before recovering to £369,808 in 2026. This pattern reflects post-pandemic normalisation rather than sustained growth momentum.

What Stands Out Semi-detached properties dominate transaction volumes at 1.2 million sales, whilst detached homes command the highest average prices at £503,715. Greater Manchester's exceptional sales volume of 177,937 transactions underscores its importance as a market engine, despite pricing below the national average.