House prices show annual rise in September

House prices show annual rise in September

House prices across the UK rose in September compared to one year ago, as conditions for lending start to improve across the country.

Throughout the past few months, lenders have begun to lower rates and deposit requirements to bring more people into the market for houses, and now prices have started to edge upwards.

Although the cost of a house in September was reported as being lower by 0.2 per cent than in August, the Office for national Statistics (ONS) reports that they were still 1.7 per cent higher than they were in the same month a year ago.

Once again, prices were largely boosted by London's strong market, where there were rises in price of 5.2 per cent over the year to September.

However, Northern Ireland fared less well, with drops in final sale values now amounting to 10.1 per cent, making it the only UK country to experience falls.ADNFCR-1222-ID-801487412-ADNFCR

Cookies We use cookies to ensure that we give you the best experience on our website. We would like to place cookies on your computer to help us make this website better. To find out more about the cookies, see our cookies policy

  • I accept cookies from this site