UK annual house price inflation eases in June - ONS

19th Aug 2026 12:51

(Sharecast News) - Growth in private rents ticked higher in July, according to figures released on Wednesday by the Office for National Statistics, but growth in house prices eased in June.

Average UK monthly private rent rose 3.7% to £1,393, from 3.3% growth in the 12 months to June. This marked the highest annual inflation rate since December 2025 and was mainly due to a rise in London's annual inflation rate, to its highest rate since October last year.

Average rents increased by 3.8% in England to £1,451, by 4.5% in Wales to £843, and by 1.7% in Scotland to £1,016 in July. In Northern Ireland, average rents ticked up 2.3% to £875.

Meanwhile, average house prices were up 2% to £272,000 in June, down from 3% growth in May.

"UK house price annual inflation slowed sharply in June 2026 because price growth has been weaker this summer than it was last year in the months following the April 2025 Stamp Duty Land Tax changes in England and Northern Ireland," the ONS said.

Average house prices rose 1.8% in England to £293,000, 1.8% in Wales to £213,000 and 2.3% in Scotland to £195,000.