The Office for National Statistics (ONS) reported the increase from 1.9% in October. It said the average house price across the UK rose to £271,000 for the month, despite continued challenges in the housing market. The average house price in Northern Ireland in the third quarter of 2025 was £193,000, representing a 7.1% year-on-year increase. Within England, the North East saw the highest level of house price inflation at 6.8%, while London once again saw the lowest rate, with a 1.2% decline for the month. “As we further embark into 2026, there are encouraging signs that the housing market will continue to deliver growth.

Source: The Herald January 21, 2026 17:06 UTC