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Are house prices falling in YOUR area? Try this online calculator to see whether your home's value has gone up or down in the last year as average property prices fall at fastest rate in more than 12 years

A new online calculator can reveal how much your property may have gained or lost in value over the last year - as average property prices fell at their fastest rate for more than 12 years.

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Average cost of a home falls at fastest rate in more than 12 years

A surprise acceleration in inflation on Wednesday could make some lenders more cautious when cutting mortgage rates, experts have suggested.

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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

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Squeeze on home buyers' budgets set to continue into 2024, say experts

But potential cuts to interest rates, as well as lower house prices in some locations, could provide house hunters with new opportunities.

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Squeeze on home buyers' budgets set to continue into 2024, say experts | Darlington and Stockton Times

But potential cuts to interest rates, as well as lower house prices in some locations, could provide house hunters with new opportunities.

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Squeeze on home buyers' budgets set to continue into 2024, say experts | East London and West Essex Guardian Series

But potential cuts to interest rates, as well as lower house prices in some locations, could provide house hunters with new opportunities.

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Squeeze on home buyers' budgets set to continue into 2024, say experts | Chester and District Standard

But potential cuts to interest rates, as well as lower house prices in some locations, could provide house hunters with new opportunities.

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Squeeze on home buyers' budgets set to continue into 2024, say experts | Wilts and Gloucestershire Standard

But potential cuts to interest rates, as well as lower house prices in some locations, could provide house hunters with new opportunities.

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Squeeze on home buyers' budgets set to continue into 2024, say experts | Harwich and Manningtree Standard

But potential cuts to interest rates, as well as lower house prices in some locations, could provide house hunters with new opportunities.

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Squeeze on home buyers' budgets set to continue into 2024, say experts | Dumbarton and Vale of Leven Reporter

But potential cuts to interest rates, as well as lower house prices in some locations, could provide house hunters with new opportunities.

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