Bristol house prices 2025
- Data compiled from ONS/HM Land Registry, BoE, Nationwide, Halifax, UK HPI and reputable market forecasters (Savills, Knight Frank).
What happened in 2025 (Bristol): The provisional average Bristol sale price reached £354,000 in August 2025, up 2.4% year-on-year, closely tracking the South West region.
Private rents averaged £1,791 in September 2025, up 1.9% y/y, indicating still-elevated rental levels even as growth cooled.
National indices show modest price gains into the autumn: Nationwide reported +0.3% m/m in October with 2.4% y/y growth; Halifax’s September print showed a flatter picture.
Mortgage activity improved: net approvals rose to 65,900 in September, their highest since March 2025.
Why 2025 stabilised: The Bank of England cut Bank Rate to 4.0% on 7 August 2025, easing mortgage pricing and sentiment. Combined with steady wage growth and constrained for-sale stock, Bristol saw a soft rebound rather than rapid appreciation.
Outlook for 2026
Base case: Most forecasters expect low single-digit price growth in 2026 if rates remain around current levels or ease slightly and if employment holds up.
- Knight Frank: projects ~3% UK price growth in 2026 (downgraded from 4%).
- Savills: sees ~1% for 2025 nationally and a cumulative ~24.5% by 2029, implying firmer growth from 2026 onward.
For Bristol specifically, that points to modest gains next year (supply-limited city, resilient jobs base), with transactions likely to edge higher rather than surge, given 2025’s improving approvals trend.
Key drivers to watch
Mortgage costs & policy: A 4.0% Bank Rate (Aug 2025 cut) underpins easing fixed-rate mortgages; any further cuts/holds will shape affordability.
Demand & earnings: Nationwide and Halifax show modest national price growth; if wages keep outpacing prices, affordability should gradually improve.
Local supply: Bristol typically has tight stock, supporting prices even when demand normalises.
Policy/tax signals: Pre-Budget uncertainty influenced 2025 behaviour nationally; any 2026 policy changes (property taxation, planning, landlord rules) could sway sentiment.
Bottom line
2025 outlook: Bristol prices ~+2–3% y/y by late summer (ONS local view), rents high but growth easing, and activity improving on the back of rate cuts and firmer approvals.
2026 outlook: Likely +2–4% price growth with slightly higher sales if rates stay near 4% or edge lower. Risks: sticky inflation delaying cuts, adverse tax changes or weaker jobs. Upside: faster rate falls, stronger employment, improved new-build delivery.
Sources (direct links)
• ONS/HM Land Registry –
Bristol local housing prices & rents (Aug/Sep 2025)
• Bank of England –
Monetary Policy Summary, 7 Aug 2025 (Bank Rate cut to 4.0%)
• Bank of England –
Money & Credit, September 2025 (approvals 65,900)
• Nationwide –
House Price Index, October 2025
(PDF)
• Halifax –
House Price Index hub (September 2025 release)
• UK HPI (England) –
August 2025 statistical bulletin
• Forecast –
Savills: Revised House Price Forecasts 2025–2029 (24 Jul 2025)
;
• Context –
Reuters summary of Nationwide Oct 2025