The Lloyds House Price Index for the United Kingdom held flat in September 2026, registering 0.0% on a year-over-year basis, according to data updated on 7 October 2026. This marks a stabilisation in house prices after a modest annual decline of -0.4% recorded in August 2026.
The index measures the change in UK house prices by comparing each month with the same month a year earlier. While August’s reading indicated that prices were lower than in August 2025, September’s zero reading suggests that average prices are now broadly in line with their level a year ago, pointing to a pause in downward momentum.
On a year-over-year comparison basis, the shift from -0.4% in August to 0.0% in September may signal that the market is moving out of a mild correction phase and into a period of relative price stability, although the data do not yet indicate a return to outright growth.
