Nick Leeming, Chairman of Jackson-Stops, comments in response to the ONS Private Rents and House Price data published today.
- Average UK house prices increased by 3.8%, to £270,000, in the 12 months to April 2026 (provisional estimate); this annual growth rate is up from 0.0% in the 12 months to March 2026.
- Average UK monthly private rent inflation continued to slow, increasing by 3.3%, to £1,383, in the 12 months to May 2026 (provisional estimate); this annual growth rate is down from 3.5% in the 12 months to April 2026.
In response to the ONS House Price Index data published today which showed that average UK house prices increased by 3.8%, to £270,000, in the 12 months to April 2026, Nick Leeming, Chairman of national estate agency Jackson-Stops, comments:
"The latest figures point to a notable strengthening in annual house price growth, reflecting a market that has remained more resilient than many expected despite continued affordability pressures and a higher borrowing cost environment.
"While demand has not returned uniformly across all markets, well-priced homes in desirable locations continue to attract competitive interest, particularly where supply remains constrained. This is supporting values in many parts of the country, even as buyers remain highly selective and focused on value.
"It is important to view these figures in context. Comparisons with a weaker period earlier in the year are contributing to the increase in the annual growth rate, while market conditions on the ground remain more measured than headline figures alone may suggest.
"Looking ahead, affordability, mortgage pricing and consumer confidence will continue to shape activity over the coming months. Ongoing economic and geopolitical uncertainty means the outlook remains difficult to predict, but the underlying demand for quality housing continues to provide support for the market."
