UK nominal house price index (BIS)
UK nominal house price index (BIS) stood at 172.73 in Q2 2026, according to Bank for International Settlements (BIS). It is one of the indicators in the House prices, quarterly and long run table (Value · Quarterly), with a complete series running from Q2 1968 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the House prices, quarterly and long run table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| House prices in nominal and real terms since 1968 (BIS) | |||||||||||
| Nominal house price index (2010 = 100) | 172.73 | 171.4 | 171.9 | 171.74 | 167.91 | 169.41 | 168.58 | 168.25 | 164.59 | 162.59 | |
| Real house price index (2010 = 100) | 108.54 | 109.34 | 109.97 | 110.34 | 108.43 | 111.43 | 111.49 | 112.21 | 109.99 | 109.94 |
Understanding UK nominal house price index (BIS)
Tracking the evolution of residential property values across the United Kingdom through a standardised index framework, this series sets a specific historical baseline equal to one hundred. Compiled from administrative valuation data spanning multiple decades, the indicator captures nominal price movements across the entire housing stock rather than relying solely on mortgage approvals. This index differs from real terms equivalents by retaining the impact of monetary inflation within the reported figures.
Interpreting the index requires careful attention to the chosen base period, as percentage changes must be calculated relative to that benchmark rather than absolute monetary units. Analysts should account for potential methodological breaks when comparing early historical periods with modern data collection methods. Year-on-year comparisons are generally preferred over quarter-on-quarter evaluations to mitigate the influence of regular seasonal transaction patterns in the housing market.
Frequently asked questions
- What does the baseline value signify in this index?
- The baseline period is assigned a value of one hundred, against which all other periods are measured.
- Does this series include cash buyers?
- Yes, unlike mortgage-only datasets, this framework aims to cover the broader residential property market.
- How should long-term comparisons be approached?
- Users should verify whether any rebasing or methodological revisions occurred across the extended time span.