REGIONAL PRICE TRENDS

News at Ware & Co | 17/11/2025

There is a current air of caution in the residential sales market, primarily due to the forthcoming Budget and anticipated tax increases. The parts of the market most affected by the uncertainty are the more expensive prime markets. This continues a trend already evident in price growth. While price growth across the UK has been 2.3% over the last year, a clear regional pattern has been evident.
Expensive markets where affordability is more overstretched have seen lower price growth (e.g., London prices are up just 0.6% over the last year). At the other end of the scale, better affordability in the North has seen price growth increase by 5.1%.
With interest rates remaining higher for longer with persistent inflation, it might well be 2026 before the next step change in improving affordability helps to lift stronger price growth across the board.