House prices up 6.1% - ONS

20th November 2015

Office for National Statistics figures show that house prices across the UK rose 6.1% in the year to September, compared with a 5.5% rise in the year to August. The average price for a house in the UK is now £286,000, up from £273,000 last year. London has seen average property prices exceed half a million pounds for the first time with an average value of £531,000. The ONS noted that the volume of mortgage approvals climbed 3.9% in Q3 2015 to reach its highest level since the first quarter of 2014. 

The Daily Telegraph (17/11/2015)