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House prices are falling at the fastest rate for more than 12 years

House prices fell by 2.1% over the 12 months to November 2023 to reach £285,000 on average, the Office for National Statistics

Red seaDjibouti generalCity ofUnited kingdomNorthern irelandMartyn gerrardMark harrisNick leemingMatt smithAndrew montlakeSimon gerrardFrances mcdonaldRoss mcmillanOffice for national statisticsBlue fish mortgage solutionsNational statistics

House Prices Record Fastest Annual Fall Since 2011, ONS Figures Show » WhatsNew2Day

UK house prices recorded their fastest annual fall since 2011 in November, according to the latest figures from the Office for National Statistics (ONS).

United kingdomNorthern irelandCity ofAlex lyleMatt surridgeJonathan hopperMartyn gerrardKnight frankAntony robertsSimon gerrardOffice for national statisticsNational statisticsWest englandPrice indexLand registryGarrington property finders

House prices record fastest annual fall since 2011

The typical home was worth £285,000 in November, which was £6,000 lower than a year earlier, according to the latest official figures.

Northern irelandUnited kingdomCity ofSimon gerrardAlex lyleMartyn gerrardAntony robertsMatt surridgeJonathan hopperKnight frankOffice of national statisticsNational statisticsSouth westNorth eastLand registryGarrington property finders

London house prices crater as UK has biggest fall since 2011

Experts threw doubt on figures for London house prices, with one saying data should be taken with "a pinch of salt", as it is "out of date".

United kingdomCity ofSimon gerrardJack mendelMartyn gerrardAndrew baileyNick leemingIain mckenzieNicky stevensonOffice for national statisticNational statisticUnited kingdom house price indexHouse price indexProperty professionals

House prices fell at fastest rate since 2011 in November

The latest data from the Office for National Statistics showed property prices continued to drop at the end of 2023 but has the market turned a corner?

Northern irelandUnited kingdomCity ofWest midlandsUnited kingdom generalSimon gerrardHargreaves lansdownSarah colesMartyn gerrardKnight frankOffice for national statisticsNational statisticsLand registryNorth eastSouth westTom bill

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