UK house prices remain stable in August 2023

The average UK house price in August 2023 remained stable at £291,000, according to the Office for National Statistics (ONS). Rental prices continue to surge, reaching record highs for the 18th consecutive month. The average house price in England remained unchanged at £310,000, while Scotland saw a 1.1% increase in property value. Wales experienced its first annual fall in house prices since April 2020, with Northern Ireland seeing a 2.7% increase. In London, house prices fell 1.4% annually. 

City AM (18/10/2023)   Daily Mail (18/10/2023)   The Independent (18/10/2023)   The Mirror (18/10/2023)