UK House Price Index Overview: November 2022

Today’s Office of National Statistics latest figures are in for November 2022. 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 10.3% over the year to November 2022, down from 12.4% in October 2022.

The average UK house price was £295,000 in November 2022, which is £28,000 higher than this time last year, but down slightly from the previous month’s record high of £296,000. The October 2022 annual percentage change was high, partly caused by a sharp fall in UK average house prices in October 2021 following changes to Stamp Duty Land Tax.

House Price Index November 2022

Camilla WoolgarJanuary 18, 2023