Average UK house price dips by 0.6% month on month as stamp duty deadline passes

House prices dipped by 0.6% month on month on average in April according to an index – just as stamp duty discounts became less generous.

Across the UK, the annual rate of house price growth slowed to 3.4% in April, from 3.9% in March, taking the average property value in April to £270,752, Nationwide Building Society said.