People & Money

UK house prices fall by £4.5k since October amid ‘sharply’ slowing growth

House price growth in the UK slowed “sharply” last month, representing the biggest monthly drop in value since June 2020, according to the latest data.

The average cost of a home has fallen by 1.4 per cent since October – the equivalent of around £4,500, to £263,788, Nationwide’s house price index has revealed.

Across the year to November, house price growth slowed to 4.4 per cent, down from 7.2 per cent in the 12-months to October.

Related Articles

Back to top button

Subscribe to our newsletter!


Stay up to date with our latest news and articles.
We promise not to spam you!

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

Arbiterz will use the information you provide on this form to be in touch with you and to provide updates and marketing.