Finance

UK house prices rise by 3.4% in 12 months to October, ONS says

Published by Global Banking & Finance Review

Posted on December 18, 2024

1 min read

· Last updated: January 27, 2026

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UK house prices rise by 0.7% in December 2023 - Global Banking & Finance Review
This image highlights the recent rise in UK house prices by 0.7% in December 2023, as reported by Nationwide. It reflects the ongoing strength in the property market amidst economic challenges.
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LONDON (Reuters) - British house prices rose by 3.4% on an annual basis in October, after a downwardly revised 2.8% increase in September, the Office for National Statistics said on Wednesday. Private

UK House Prices See 3.4% Annual Rise in October, ONS Reports

LONDON (Reuters) - British house prices rose by 3.4% on an annual basis in October, after a downwardly revised 2.8% increase in September, the Office for National Statistics said on Wednesday.

Private sector rents in November were 9.1% higher than a year earlier.

(Reporting by Suban Abdulla; Editing by William Schomberg)

Key Takeaways

  • UK house prices rose by 3.4% in October.
  • September's increase was revised to 2.8%.
  • ONS provided the latest housing data.
  • Private sector rents increased by 9.1% in November.
  • The report highlights ongoing market trends.

Frequently Asked Questions

What is the main topic?
The main topic is the increase in UK house prices by 3.4% in October, as reported by the ONS.
What was the house price increase in September?
The house price increase in September was revised to 2.8%.
How much did private sector rents increase?
Private sector rents increased by 9.1% in November compared to the previous year.

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