Editor's note: This brief was summarised by The Property AI Newsroom from a report by Property118. Read the original article for full details.
UK House Prices Show Quarterly Growth After Previous Decline
Average UK house prices increased by 0.3% to £305,092 in the first quarter of 2026, following a 0.5% decrease in the previous quarter, according to research reported by Property118.
The Benham and Reeves’ Property Market Index Review, which compiles data from Halifax, Nationwide, and Rightmove, recorded this quarterly rise. The report highlights that this growth comes after a period of falling prices in the last quarter of 2025.
For letting agents and inventory clerks, the return to price growth may signal renewed activity in the UK property market. The data referenced in the review could be relevant for those monitoring market trends and advising clients on property values.
Source: Property118