House Prices ‘Jump 6.1% Annually in some Parts of UK but Fall by 5.0% in Others’
GREATER LONDON, ENGLAND, JUL 29 – House price inflation slowed to 1.3% as increased stamp duty and higher supply constrained growth, with southern regions seeing declines and northern areas recording gains, Zoopla reported.
- Zoopla reported on July 28, 2025, that UK house prices showed mixed changes with some areas rising and others falling sharply.
- This pattern follows the April end of temporary stamp duty relief in England and Northern Ireland, which raised costs for most buyers and lowered price growth forecasts.
- Regional data revealed declines of 5% annually in central London's WC postcodes while Belfast home values surged 6.1%, amid a nationwide buyer's market with more homes for sale especially in southern England.
- Richard Donnell of Zoopla noted that while demand and transactions remain solid, this has not translated into rapid price increases, as buyers are adjusting their offers to account for higher stamp duty expenses.
- The mixed price trends and cautious buyer behavior suggest the housing market is slowly rebalancing, supported by eased mortgage rules but restrained by elevated costs and consumer uncertainty.
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House prices ‘jump 6.1% annually in some parts of UK but fall by 5.0% in others’
Due to higher house prices, stamp duty costs tend to have a bigger effect on buyers in southern England than in other areas, Zoopla said.
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