International

UK House Prices Flat in September at £298,441: Lloyds

  • by- Grihik
  • Oct 7, 2026
The Lloyds House Price Index (formerly Halifax) shows UK prices unchanged year on year in September. See the average price and other gauges.
UK House Prices Flat in September at £298,441: Lloyds

Mumbai: UK house prices were unchanged in September, according to the Lloyds House Price Index, published on October 7. The index, which was called the Halifax House Price Index until this July, put the average UK home at £298,441.

The numbers

  • Monthly change: 0.0%, after a 0.3% fall in August

  • Quarterly change: down 0.2%

  • Annual change: 0.0%, compared with a fall of 0.4% in August, which had been the first annual decline since November 2023

Lloyds says the index is calculated in the same way as before, using both Halifax and Lloyds mortgage data. The change is only in the name.

Andrew Assam, Lloyds' mortgages director, described September as flat after August's fall.

 

Other gauges

The UK has several price indices, and they do not always agree:

  • Nationwide: annual growth of 0.8% in September, with prices dipping slightly on the month

  • Rightmove (asking prices): up 0.7% in September, but 0.8% below a year ago

  • Zoopla: annual growth slowed to 0.8%, with an average price of about £273,000

  • Land Registry (to July): up 1.4% over the year

The regional split

Zoopla reports above-average growth in the North West (+3.1%), Scotland (+2.6%), the North East (+2.3%) and Wales (+1.8%), which shows a market that is stronger in the north and quieter in the south.

What it means

Flat prices are a reminder of how much cost of borrowing matters. It also shows why different indices can tell different stories in the same month. For buyers, a flat market means less pressure and more room to negotiate. For sellers, realistic pricing matters.