London and South-East Prices Fall While North Surges, Narrowing England's Historic Gap

London house prices dropped 1.1% year-on-year to £534,831, while the south-east fell 2% to £381,654 in June 2026. Simultaneously, Northern Ireland posted 7.4% annual growth, Scotland 3.9%, and English northern regions 2–3%. This inversion—declines in the highest-value areas alongside broad northern gains—compresses the persistent north-south price divide that has defined UK housing for decades.