Today’s office of national statistics latest figures are in for January 2024. 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).
Average UK house price annual inflation was negative 0.6% (provisional estimate) in the 12 months to January 2024, compared with negative 2.2% (revised estimate) in the 12 months to December 2023.
The average UK house price was £282,000 in January 2024 (provisional estimate), which is £2,000 lower than 12 months ago.
