Property Data OutlookUnited Kingdom
Data from Land Registry, ONS, Bank of England
Compare with another area →Market outlook for United Kingdom
Key indicators for buyers
The United Kingdom market looks favourable for buyers. Rising rents (£1,374/mo, +3.5%) mean the cost of waiting is real.
Price trends
Average sale prices · HM Land Registry / UK HPI
Rental trends
Average monthly rent · ONS Private Rental Index
Average monthly rent in United Kingdom is £1,374, up 3.5% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average United Kingdom price of £268,421 with a 25% deposit (£67k), a 2-year fixed mortgage at 3.97% costs around £1,059 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Monthly mortgage payments (£1,059) are £315 less than renting (£1,374). However, buying requires an upfront deposit of £67k — it would take around 6 years to recoup that cost compared to renting and investing the difference.
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.