If you’re looking to buy your first home soon, there are probably lots of things you want to know about the buying process and what’s involved, as well as how much your new home is likely to cost.
Right now, the national average asking price of a first-time buyer home is £229,648, which is around 0.7% higher than this time a year ago. This is compared to the 1.6% price growth for second-stepper homes, and 1.5% for top-of-the-ladder homes since the same period in 2024. However, average prices vary by region, so you can check our latest House Price Index to see what the trends are in your local area.
You can also take a look at the type of homes can you buy for the average first-time buyer asking price below.