UK house prices rise 0.7% in July to an average of £273,000 as annual growth eases to 1.4%

HM Land Registry's July index, published on 16 September, puts the average UK home at £273,000 — up 0.7% on June but just 1.4% over the year, down from a revised 1.5% in June. The index tracks completed sales, so it reflects deals struck six to eight weeks earlier. For sellers, the national figure hides a wide split: the North East is up 4.9% annually while London is down 3.3%. For buyers, July transactions of 97,000 were 1.1% below last year — steady rather than recovering.