🇬🇧 UK · Housing Fear & Greed
United Kingdom.
Where the housing market sits.
UK housing market sentiment computed from the HM Land Registry UK HPI, Bank of England base rate plus a typical 5-year fixed spread, and the ONS Annual Survey of Hours and Earnings as a household income proxy.
Updated 20h ago
Latest data: 2026-02-01
HM Land Registry UK HPI · BoE · ONS ASHE
3 of 5 UK markets sit in Expensive Stagnation, the country’s dominant regime this quarter.
Regime quadrant · Where every market sits
United Kingdom
triangle = country aggregate
· tap or hover a dot for details
What this shows.
Every tracked market currently sits in
Expensive stagnation.
No market right now is in
Bubble watch, Recovery, or Buyer's market.
When markets do migrate into those quadrants, it signals a real
regime shift worth tracking.
Each market is positioned by its affordability score (left = least affordable) and momentum score (top = running hot). The four quadrants name the regime each combination describes. Triangles are country aggregates; circles are individual cities.
National gauges
Affordability
4
Extreme — bottom decile
0 · Most expensive100 · Most affordable
- Price-to-income
- Median home price divided by median household income, normalized against ten-year national history.
- Mortgage payment burden
- 39.5%30-year amortized payment at current rates as a share of median household income.
- Price-to-rent
- Median home price divided by annual rent on a comparable property — cross-checks the rental-equivalent affordability.
Momentum
27
Stressed — lower quartile
0 · Cooling/declining100 · Running hot
- Year-over-year price growth
- Nationwide House Price Index year-over-year percentage change.
- Inventory tightness
- Months of supply at current sales pace — a low number means tight inventory.
- Days on market
- —Not yet sourced for this market — see methodology.
- Sale-to-list ratio
- Average ratio of final sale price to original asking price.
Regime · What the gauges say together
Expensive stagnation
Unaffordable and prices not rising in real terms.
Unaffordable, but no longer rising.
Context
| Real price growth (3-mo annualized) | -2.15% |
| Headline mortgage rate | 5.75% |
| CPI year-over-year | 3.45% |
| Leading equity indicators (homebuilders/REITs) | -21.2% avg vs 200-day MA · breadth 0/4 |
Cities
At the national level, the UK reading sits in Expensive Stagnation, with affordability 4/100 and momentum 27/100. London has the best affordability of UK markets at 26/100, though still below the affordable midpoint. Edinburgh is the hottest UK market on momentum at 39/100.