Annual house price inflation is running at 4.7%, the highest level seen since November 2022. Northern Ireland continues to have the strongest annual house price growth in the UK at 9.7% in the year to September. In London, the average house price stands at £539,238, after annual price inflation was recorded at 2.6% in the year to September. Wales saw more modest annual price growth at 1.8% The average property price in the country now stands at £216,000. In Wales average prices are up by 0.4% in the year to April (average house price £208,184).

Source: The Times October 07, 2024 21:01 UTC