Finance
UK House Prices Rose by 1.2% in Year to February, Ons Says
Published by Global Banking & Finance Review®
Posted on April 22, 2026
1 min readLast updated: April 22, 2026
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UK house prices rose 1.2% year-on-year in February, up from 1.0% in January, while private rents saw their smallest annual increase in four years—3.4% in March versus 3.6% in February, the ONS reports.
UK House Prices Rise by 1.2% Annually in February, ONS Figures Show
Key Insights from the Latest ONS Housing and Rental Data
Annual Growth in UK House Prices
April 22 (Reuters) - British house prices rose by 1.2% in the year to February, after a 1.0% increase in the year to January, the Office for National Statistics said on Wednesday.
Trends in UK Private Rents
Monthly Rent Increases
Average UK monthly private rents increased by 3.4% in the year to March, compared with 3.6% the 12 months to February, the ONS said, marking the smallest rise in four years.
Reporting Source
(Reporting by Andy Bruce)
Key Takeaways
- •House price inflation is gradually picking up, rising from 1.0% in January to 1.2% in February.
- •Rental inflation is cooling, with the March rate (3.4%) marking the slowest annual increase since around 2022.
- •The housing market remains subdued compared to recent years, with underlying inflation and affordability challenges moderating growth.
Frequently Asked Questions about UK house prices rose by 1.2% in year to February, ONS says
1How much did UK house prices rise in the year to February?
UK house prices increased by 1.2% in the year to February, according to the ONS.
2What was the increase in UK house prices in the year to January?
In the year to January, UK house prices rose by 1.0%, as reported by the ONS.
3How much did average UK private rents increase in the year to March?
Average UK monthly private rents increased by 3.4% in the year to March.
4What was notable about the rise in private rents?
The 3.4% rise in private rents marked the smallest increase in four years.
5Which organization released the house price data?
The Office for National Statistics (ONS) released the house price and rent data.
