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The average UK house price hit a new high in October, putting it just shy of £294,000, according to an index. House prices increased by 0.2% in October, the fourth monthly increase in a row ...
The average UK house price was £33,000 higher in October than a year earlier, after jumping by 12.6%, according to official figures.
The gap between average income and average housing prices changed between 1985 and 2015 from twice an average salary to up to six times average income. Median house prices in London the median house now cost up to 12 times the median London salary. In 1995, the median house price was £83,000, 4.4 times the median income.
In Northern Ireland, an average-priced home was affordable with an average household income, with a typical house price-to-disposable household income ratio there of 5.0.
The typical UK house price in December 2023 was £287,105, up from £282,305 in the same month a year earlier, Halifax said. Average UK house price ended last year £4,800 higher than at end of ...
The average UK house price rose by 1.2% month-on-month in November, according to Nationwide Building Society, which was the biggest increase since March 2022.
House prices in the UK have surpassed the previous peak in June 2022, according to the Halifax house price index
The average UK house price fell by 0.2% in the 12 months to February, slowing from a decrease of 1.3% in the 12 months to January. Across the UK, the average house price was £281,000, the Office ...