House prices climb to record high

The latest UK House Price Index from the Office for National Statistics (ONS) and Land Registry reveals that the average house price in the UK has hit a record high of £269,945. An average of £28,000 has been added to the typical property price over the past year. Values increased by 11.8% over the year to September, with this up on the 10.2% annual growth recorded in August. Wales has seen the steepest climb, with the average price up 15.4% over the year, while Scotland added 12.3%, England saw a 11.5% increase and prices in Northern Ireland rose 10.7%. Regionally, North West England led the way, with values up 16.8% in the year to September, while London saw the lowest growth, at 2.8%. On a month-by-month basis, UK house prices climbed 2.5% between August and September.  

City AM (17/11/2021)   The Daily Express (17/11/2021)