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35% of homes are in postcode areas where house prices are falling, says Zoopla

Economy · First reported 27 Oct, 06:31 · Updated 07:53

Image: LBC

Zoopla estimates that 35% of UK homes are in postcode areas where prices fell over the year to September 2026, up from 12% a year earlier, while the national average price rose 0.8%.

  • Zoopla estimated that 85% of homes in London and the South East were in postcode areas with annual price falls.
  • The UK average house price was £273,100, up 0.8% year over year; prices rose 3.2% in the North West and 5.8% in Northern Ireland.
  • The number of homes for sale was 7% higher than a year earlier, and Zoopla attributed increased buyer choice and negotiating scope partly to higher mortgage costs.
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