Today’s office of national statistics latest figures are in for November 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).
Average UK house prices decreased by 0.1% in the 12 months to November 2023 (provisional estimate), down from a decrease of 1.3% (revised estimate) in the 12 months to October 2023.
The average UK house price was £285,000 in November 2023, which was £6,000 lower than 12 months ago.