British house prices hit record average of 300,000 pounds following strong January growth
UK house prices rose 0.7 percent in January to reach a record average of 300,000 pounds. Improving wages and falling inflation signal a steady market recovery.
Insights:
Halifax reported on February 6, 2026, that house prices in the United Kingdom 
GB rose by 0.7% month-on-month in January, marking the largest monthly increase since November 2024. This growth, which follows a monthly fall in December 2025, has pushed the average property price above £300,000 for the first time. Amanda Bryden amanda bryden, a representative for the lender which is a subsidiary of Lloyds Banking Group plc , noted that the data signals a material near-term recovery in the housing market.
GB rose by 0.7% month-on-month in January, marking the largest monthly increase since November 2024. This growth, which follows a monthly fall in December 2025, has pushed the average property price above £300,000 for the first time. Amanda Bryden amanda bryden, a representative for the lender which is a subsidiary of Lloyds Banking Group plc , noted that the data signals a material near-term recovery in the housing market.