United Kingdom real estate market — prices, rental yield and trend
- Average price: $9,513 / m²
- Gross rental yield: 7.35%
- 12-month price change (USD): 1.4%
- Transaction cost: 9.8%
- Price basis: capital average
Residential property in United Kingdom averages $9,513 per square metre. In dollar terms the market has barely moved over the last twelve months (+1.4%). That makes it the 5th most expensive of the 70 markets in the set.
What a buyer pays in United Kingdom
The $9,513 figure is an average for the capital: it describes the capital's market, not the country as a whole — most of the country trades well below it. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 9.8% of the price here. On a 100 m² apartment at the average price that is roughly $93,227 on top of the $951,300 purchase price. That is close to the 9.5% median across the set.
What it earns
Long-term letting returns about 7.4% gross on the purchase price, 13th of 69 markets by gross yield. Measured against local earnings, the price-to-income ratio is 8 — that is how many years of an average local income one average home costs, and it says more about who can buy here than any price figure does.
How this figure is built
The price figure for United Kingdom comes from the source we judge most reliable for this market. It was last refreshed on 2026-07-23. We rate our confidence in this market’s data high: the underlying series is official and current. We recompute every market the same way; a figure that fails our checks is suppressed, not guessed.
Sources: GPG sqm · globalpropertyguide.com · ons.gov.uk · numbeo.com. Snapshot: 2026-07-23.
Latest United Kingdom market analysis
- UK House Price Balance Steadies at -28% in August, RICS Survey Finds — 2026-09-12
- UK House Prices Fell 0.4% Over the Year in August on the Lloyds Index — 2026-09-08
- UK Mortgage Approvals Fell to 56,053 in July, the Fewest Since January 2024 — 2026-09-04
- UK House Prices Held a 1.6% Annual Rise in August as the Average Slipped to £275,465 — 2026-09-01
- UK Home Sales Slipped to 96,710 in July, Down 2% on June — 2026-08-31
- Falkirk Leads UK Asking-Price Growth at 13.5% While London Falls 3.1% — 2026-08-25
- UK New-Build Asking Prices Barely Moved in a Year — but the West Midlands Added £33,838 — 2026-08-22
- UK House Price Growth Slowed to 2.0% in June While Rents Reaccelerated to 3.7% — 2026-08-20
- UK Asking Prices Fall 2% in August as Rightmove Cuts Its 2026 Forecast — 2026-08-17
- UK Sellers Return in Force While London Price Expectations Sink to a Three-Year Low — 2026-08-14
- UK House Prices Flat in July as Annual Growth Slows to 0.1%, Weakest Since 2023 — 2026-08-10