Northern Ireland posted the strongest annual growth at +8.1%.

Northern Ireland continued to show the strongest annual growth, with prices rising by +9.3%.

Once again, Northern Ireland saw the highest annual growth, with prices up +9.6% year-on-year.

Property values eased slightly in May, with Northern Ireland still leading.

The price of a typical home in the UK now stands at £297,781 compared to £296,899 during the previous month, according to this morning's data.

Demand is returning to normal, and new applications are slowing following the rush ahead of the Stamp Duty deadline.

Annual house price growth remained at +2.9% during the month, unchanged from January

The cost of a typical first home is now £311,034, according to new figures with average deposits now in excess of £61,000.

The housing market has kicked off 2025 with prices increasing by +0.7% in January following dip of -0.2% in December.

House prices fell back slightly over the festive period following five months of steady growth.