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In June 2026, UK house prices experienced a slight increase, marking the first rise since the onset of the Iran war. According to the latest data from Lloyds, the average property price reached £299,330, reflecting a 0.2% increase from May. This follows a previous decline of 0.2% in the previous month.
The annual growth rate also saw a modest uptick, rising from 0.5% to 0.6%. Despite the recent increase, property values remain just below the levels recorded at the beginning of the year.
This change in the housing market comes amid ongoing economic uncertainty, as the conflict in Iran continues to impact global markets. The rise in house prices may provide a glimmer of hope for homeowners and potential buyers navigating a challenging economic landscape.
Source: www.theguardian.com – https://www.theguardian.com/money/2026/jul/07/uk-house-prices-rise-iran-war-property-june-lloyds-halifax-hpi