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House price growth beat expectations last month rising 0.7 per cent month-on-month, according to Nationwide’s latest figures.

Home values hit a record high of £231,061 last month, up 6.9pc year-on-year

BBC News By Simon Read image copyrightPA Media The recent uplift in UK house prices "could be running out of steam", the Halifax has said after it found that property values dropped last month. The lender's latest survey showed prices fell 0.3% in January, the biggest monthly fall since April 2020. However, prices still climbed 5.4% over the past year, leaving the average property worth £13,000 more than in January 2020. Across the UK, average property values stood at £251,968 in January. "How far and how deep any slowdown proves to be is a challenge to predict given the prevailing uncertai...

HOUSE PRICES dropped by 0.3 percent on January but were still higher than in January 2020, according to Halifax's latest House Price Index (HPI). The small but significant drop sees house prices fall to their lowest level since October.

Annual house price growth has slowed for the first time in six months as the end of the stamp duty holiday approaches, according to an index. House prices were up by 6.4% annually in January, marking a slower increase than the 7.3% uplift recorded in December, Nationwide Building Society said. Property values dipped by 0.3% month on month. Across the UK, the average house price was £229,748. A temporary stamp duty holiday which was introduced last July is due to end on March 31. In our January #HousePriceIndex, annual house price growth slows for 1st time in 6 months as end of #stampdutyholi...