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Halifax House Price Index
House prices in March 2025 were 2.8% higher than the same month a year earlier.
07 April: Halifax House Price Index – March 2025 (PDF) 07 April: Halifax House Price Index – March 2025 (PDF, 267KB, opens in a new window)
March House Price Index Headline Statistics
Amanda Bryden, Head of Mortgages, Halifax, said:
"UK house prices fell by -0.5% in March, a drop of £1,575. Despite this, the annual growth rate remained steady at +2.8%, with the typical UK property now valued at £296,699.
“House prices rose in January as buyers rushed to beat the March stamp duty deadline. However, with those deals now completing, demand is returning to normal and new applications slowing. Our customers completed more house sales in March than in January and February combined, including the busiest single day on record. Following this burst of activity, house prices, which remain near record highs, unsurprisingly fell back last month.
“Looking ahead, potential buyers still face challenges from the new normal of higher borrowing costs, a limited supply of available properties to choose from, and an uncertain economic outlook.
“However, with further base rate cuts anticipated alongside positive wage growth, mortgage affordability should continue to improve gradually, and therefore we still expect a modest rise in house prices this year."
Future press releases
Published at 7.00am on:
Thursday 8th May 2025
Friday 6th June 2025
Monday 7th July 2025
Thursday 7th August 2025
Friday 5th September 2025
Tuesday 7th October 2025
About the Halifax House Price Index
The Halifax House Price Index is the UK's longest running monthly house price series with data covering the whole country going back to January 1983.
From this data, a "standardised" house price is calculated and property price movements on a like-for-like basis (including seasonal adjustments) are analysed over time. The annual change figure is calculated by comparing the current month seasonally adjusted figure with the same month a year earlier.
S&P DJI, a world leader in critical information, analytics and solutions (NYSE: INFO) owns and acts as administrator for the Halifax House Price Index. For more information and details on how to access other indices from the Halifax House Price Index family go to the S&P Global website.
For all Halifax press releases, please see Lloydsbankinggroup.com