Average UK house price hits new record high
Briefly

Average UK house price hits new record high
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"The average UK house price surged to a new record high of 299,331 in August, marking the third consecutive monthly increase, according to the latest Halifax index. August saw a 0.3 per cent rise, following 0.4 per cent in July and 0.1 per cent in June. However, the annual pace of growth continued its slowdown, reaching 2.2 per cent in August, down from 2.5 per cent in July and 2.7 per cent in June."
Average UK house price rose to a record £299,331 in August, marking the third consecutive monthly increase. Monthly changes were 0.3% in August, 0.4% in July and 0.1% in June. Annual growth eased to 2.2% in August, down from 2.5% in July and 2.7% in June. Halifax characterizes 2025 housing market activity as relatively stable, with cumulative price rises since January of less than £600. Average property values for first-time buyers moved down over the summer, modestly improving entry prospects. Donations enable on-the-ground journalism that investigates political and social issues and maintains no-paywall access.
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