Today’s Office of National Statistics latest figures are in for January 2023. This gives a real insight into what the property market looks like in the UK. We have summarised the key statistics for an easy overview of the UK property market (below).
UK average house prices increased by 6.3% over the year to January 2023, down from 9.3% in December 2022.
The average UK house price was £290,000 in January 2023, which is £17,000 higher than 12 months ago.