Average UK house price tops £300,000 for the first time on record

The UK house price milestone has finally arrived. In January 2026, the average property value reached £300,077, marking the first time prices crossed £300,000 nationwide. Monthly growth stood at 0.7%, while annual gains edged up to 1.0%, signaling a steady but restrained recovery. This shift reflects easing borrowing costs, resilient demand, and gradual wage improvements supporting affordability.