Today’s office of national statistics latest figures are in for September 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 September 2023 (provisional estimate), down from an increase of 0.8% (revised estimate) in the 12 months to August 2023.
The average UK house price was £291,000 in September 2023, which was little changed from 12 months ago but above the recent low in March 2023.