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Median house price and sales volume update, England and Wales: 2025

Mixed / No clear directional biasUnclear at this stageOfficialMediumhigh

ONS updates median house prices and sales volume data to include Q1 2025 and Q1 2026, with breakdowns by geography, property type and whether dwellings are new or existing.

ONS has published an update to its median house price and sales-volume data for England and Wales, extending coverage to include Quarter 1 (Jan to Mar) 2025 and Quarter 1 (Jan to Mar) 2026. The release updates quarterly rolling annual measures of median prices paid and transaction volumes, alongside breakdowns by different geographies, property types, and whether sales relate to newly built or existing dwellings.

The dataset also preserves multiple ways of viewing the market, including administrative geographies and parliamentary constituencies. In addition to the median price paid series, the release includes lower-quartile price paid data, which provides a perspective on how pricing and affordability may be evolving across the distribution rather than only at the middle.

For FX traders, the relevance is not the dataset’s new labels but what it helps measure: housing-market momentum and affordability signals that can influence consumer confidence and demand, and can indirectly affect inflation dynamics through housing-related costs. What to watch next is how the extended quarters change the trend in both median prices and sales volumes, and whether the splits by new versus existing dwellings show a clearer direction in market activity.

Why this matters for FX

Housing is a direct channel into domestic demand, consumption via wealth effects, and broader financial conditions (mortgage markets and credit appetite). Updated house price and sales metrics for England and Wales help traders gauge UK property-market momentum, which can feed through to inflation expectations (through rent and broader housing costs) and to expectations for growth and policy.

housing marketUK domestic demandfinancial conditions proxyONS house price statistics

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