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The Independent UK

Business

Vicky Shaw

Average UK house price jumped to new record high in October, says Halifax

Halifax United Kingdom Budget Bank of England The Bank of England

Demand from home buyers has held up well moving into autumn, Halifax said (Yui Mok/PA Archive) - (PA Archive)

The average UK house price jumped to a new record high of £299,862 in October after jumping by £1,647 month-on-month, according to an index.

Property values increased by 0.6% month-on-month in October, following a monthly fall of 0.3% in September, Halifax reported.

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