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UK House Prices Up 6.1% in September

2024-06-22OANDAOANDA
House prices rose by 6.1% in the year to September 2015, according to the Office for National Statistics (ONS). That was up from 5.5% in August, and 5.2% in July. It brings the average house price to £286,000. However, the rise is still much lower than a year previously, when prices were rising by more […]

House prices rose by 6.1% in the year to September 2015, according to the Office for National Statistics (ONS).

That was up from 5.5% in August, and 5.2% in July. It brings the average house price to £286,000.

However, the rise is still much lower than a year previously, when prices were rising by more than 12%.

The Halifax has previously said that house prices rose by 8.6% over the same period, while Nationwide said the rise was just 3.8%.

Separately, the Land Registry for England and Wales announced that prices were up by 5.6% in the year to October.

The Land Registry includes cash sales, which typically represent about a third of the market.

The ONS figures show that prices rose fastest in Northern Ireland (10.2%) and the East of England (8.4%).

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