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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff

UK house prices rise at fastest rate since January 2025

A burgundy coloured estate agent sign says sold
UK house prices rose by 1.9% on an annual basis, beating forecasts for a 1.5% rise. Photograph: Anthony Devlin/PA

UK house prices rose at their fastest pace since January, a leading property index shows, with demand improving despite market uncertainty over likely tax changes in this month’s budget.

Prices increased by 0.6% month-on-month in October, pushing the average cost of a UK home to a record high of £299,862, according to Halifax.

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