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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

Average UK house price rises to record £299,331, says Halifax

Halifax United Kingdom Nathan Emerson
Houses in Shropshire
The annual rate of house price growth slowed to 2.2% in August. Photograph: Parkerphotography/Alamy

UK house prices rose for a third consecutive month in August, pushing the average price of a property to a record high as momentum returns to the market.

Prices increased by 0.3% month on month in August – after a 0.4% rise in July and a 0.1% increase in June – pushing the average cost of a UK home to £299,331.

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