Lloyds House Price Index
House prices in June 2026 were 0.6% higher compared to the same month a year earlier.
07 July: Lloyds House Price Index – June 2026 (PDF, 1.2MB) 07 July: Lloyds House Price Index – June 2026 (PDF, 1.2MB, opens in a new window)From July 2026, the Halifax House Price Index has become the Lloyds House Price Index. While the name has changed, the methodology remains the same. The index is already calculated using both Halifax and Lloyds mortgage data.
June Lloyds House Price Index
"House prices rose for the first time in four months during June, increasing by +0.2%, compared to May. The typical property now costs £299,330, while the annual rate of growth also edged higher to +0.6%.
"Recent price trends continue to reflect wider economic uncertainty, including the impact of global events on inflation and interest rate expectations. While affordability remains stretched for many buyers, mortgage rates have eased from their recent highs, offering some encouragement to those considering a move.
"While latest industry data shows the number of new mortgage approvals dropped in May, this wasn’t unexpected given the spike in rates seen earlier this year, and we’d expect to see activity recover assuming borrowing costs continue to fall.
"For first-time buyers, annual price growth increased to +0.8% in June from +0.3% in May, with the average first-time buyer property now costing £240,433, suggesting demand remains resilient.
"Looking ahead, we expect the housing market to continue moving at a measured pace. Lower borrowing costs should provide some support for demand, though affordability constraints remain an important factor. The outlook for house prices will depend largely on inflation continuing to ease and household confidence gradually improving."
Amanda Bryden
Head of Mortgages, Lloyds
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About the Lloyds House Price Index
Formerly the Halifax House Price Index, the Lloyds House Price Index is the UK’s longest running monthly house price series with data covering the whole country going back to January 1983.
From this data, a “standardised” house price is calculated and property price movements on a like-for-like basis (including seasonal adjustments) are analysed over time. The annual change figure is calculated by comparing the current month seasonally adjusted figure with the same month a year earlier.
S&P DJI, a world leader in critical information, analytics and solutions (NYSE: INFO) owns and acts as administrator for the Lloyds House Price Index.
