April House Price Index
Housing market remains steady despite higher mortgage rates The housing market remains steady so far in April despite higher mortgage rates due to global uncertainty. Average new seller asking prices rise by 0.8% (+£2,929) in April to £373,971. This is consistent with February and March, but is below the long-term average for April. The average two‑year fixed rate has risen to 5.42%, from 4.25% before the start of the war in Iran, adding a monthly average of around £235 to a typical new mortgage*. The housing market has so far remained steady in 2026, despite mortgage rates rising
