Published 30th July 2026

Executive summary

•  Higher mortgage rates and political uncertainty have driven a sharper-than-usual summer slowdown – sales agreed are 9% lower in July
• House price inflation has slowed to 1.3%, from 1.7% a year ago
• The average UK home has gained £3,400 this year – from +£7,100 in the North West to -£3,270 in London
• The North East is the only region with more sales agreed (+4%)
• Sales agreed lower across 75% of country and higher in a quarter
• More homes for sale adds to negotiating power for buyers
• Zoopla expects a pick-up in activity from September, provided mortgage rates hold steady

See our London House Price Index and detailed price metrics for 65 cities.