UK Property

London homeowners have seen the value of their properties increase over the past month - despite a nationwide downward trend in house prices.UK property values suffered a month-on-month fall of nearly 3 per cent in today's House Price Index (HPI), which is the first time this year that prices have fallen.The average UK home was worth £265,497 in April which was down 2.7 per cent on the previous month but up 3.5 per cent compared to the previous year.Meanwhile the average London property was priced at £566,614 in April, following...

Around one in every 20 homes for sale in Britain is now priced at £1 million-plus, according to a property website. Rightmove said the number of homes for sale at a seven-figure price point has doubled in the past six years. It recorded a 103% increase in homes at this price point between January and April 2025, compared with the same period in 2019. The cathedral in St Albans, Hertfordshire, where around one in five homes for sale has a million-pound price tag, according to Rightmove (Chris Radburn/PA) Just over...

Former Miss Wales finalist Vicky Curtis-Cresswell, 38, was over the moon when she won the luxurious home in Norfolk in February, but behind the facade the house had some problemsOmaze Million Pound House Norfolk winner Victoria Curtis-Cresswell with husband Dale(Image: Mark Field Photography / Omaze / SWNS)The winner of a £6million Omaze house is still waiting to receive the keys to her mansion nearly three months after winning the draw.Former Miss Wales finalist Vicky Curtis-Cresswell, 38, described her delight when she learned that she had won the luxurious Larkfields home...

Former Miss Wales finalist Vicky Curtis-Cresswell, 38, was over the moon when she won the luxurious home in Norfolk in February, but behind the facade the house had some problemsOmaze Million Pound House Norfolk winner Victoria Curtis-Cresswell with husband Dale(Image: Mark Field Photography / Omaze / SWNS)The winner of a £6million Omaze house is still waiting to receive the keys to her mansion nearly three months after winning the draw.Former Miss Wales finalist Vicky Curtis-Cresswell, 38, described her delight when she learned that she had won the luxurious Larkfields home...

Schroder REIT manager Nick Montgomery (pictured) says UK commercial real estate is in recovery following an ‘unprecedented’ period in which rents rose while values fell. The REIT, which Montgomery manages alongside Bradley Biggins, announced its results for the year to the end of March last week, revealing an 11% net asset value total return over the period — Schroder REIT’s strongest annual performance since 2022. UK commercial property has undergone a correction over the last few years, with most sectors falling by up to 25% after peaking in 2022 according...

Stay informed with free updatesSimply sign up to the UK house prices myFT Digest -- delivered directly to your inbox.UK house prices declined at their fastest monthly pace in nearly four years in April, as demand fell after the end of a temporary stamp duty holiday.Property prices fell 2.8 per cent between March and April, the steepest month-on-month decline since July 2021, according to data from the Land Registry published on Wednesday.The fall brought the average house price down to £265,000 and pushed annual growth to 3.5 per cent, from...

Schroder’s REIT manager Nick Montgomery (pictured) says UK commercial real estate is in an ‘unprecedented’ period as rents continue to rise while property values fall. The REIT, which Montgomery manages alongside Bradley Biggins, announced its results for the year to the end of March last week, revealing an 11% net asset value total return over the period — Schroder REIT’s strongest annual performance since 2022. UK commercial property has undergone a correction over the last few years, with values in most sectors falling 25% after peaking in 2022 according to...

Bournemouth has been named the most in-demand coastal location for buyers, with its stunning natural beauty, extensive green spaces, and appealing property market all contributing to its popularityBournemouth beach in Dorset is a very popular spot for tourists(Image: John Harper via Getty Images)Bournemouth, the charming coastal town situated on England's southern coast, has recently experienced a significant increase in popularity among property buyers. The latest figures from Rightmove reveal that Bournemouth has become the most sought-after seaside location for purchasers, a trend fuelled by its breathtaking natural beauty, abundant green...

Thousands of homeowners could be sitting on a goldmine - and all it takes to unlock it could be a lawnmower and a few hardy shrubs.New research has revealed that a well-kept garden can boost the value of the average UK home by £53,650 - yet most of us are letting the opportunity slip through our fingers.Despite gardens being one of the most desirable features for house-hunters, only 16% of Brits are investing their savings into improving their outdoor space. This is according to a survey of 2,000 people by...

Stay informed with free updatesSimply sign up to the UK house prices myFT Digest -- delivered directly to your inbox.Asking prices for UK homes fell in June, bucking the trend for rises at this time of year, according to data that showed the biggest declines in London and the south of England where more properties were put up for sale. Average new seller asking prices dropped 0.3 per cent to £378,240 between May and June, Rightmove said on Monday, after a 0.6 per cent increase between April and May.Prices have...