House price inflation climbs to 5.4% – UK HPI
The official house price index indicates that property prices are rising at the fastest rate since 2016. In London, however, the average property value dropped by 1.2% in October.
What to read next
Annual house price inflation climbed to 2.5% in August – UK HPI
London's average property price has escalated back to its 2017 high, according to the latest official UK House Price Index.
House price inflation slows to +7.5% – UK HPI
The average UK house price dipped by 0.5% in January, according to the latest official UK HPI, leaving the annual rate of change at a still-high +7.5%.
OBR slashes five-year house price inflation forecast by 17%
Average property prices are likely to be 17% lower after five years than was predicted in March, before the pandemic hit, says the Office for Budget Responsibility.
Most read
DDRE reveals 2026 sales figures; adds four new advisors
Persephone Rose, Helena Barnett-Lonergan, Ross Parker & Tommy Moore have joined Daniel Daggers' luxury brokerage.
High-profile agent Tangney launches ‘modern private office’
Siân-Louise Tangney's new venture, Key Privé, has already chalked up a £200k-a-month off-market deal in Ascot.
Independent buying agents launch invitation-only alliance
New network aims to promote higher standards and make it easier for consumers to find experienced buy-side advisers.
‘The product has to work harder than ever’: Dean Main on developing, managing & future-proofing super-prime homes
The Rhodium and Henigman boss gives PrimeResi the inside track on how top-end demand is shifting in London - and reveals what separates the very best schemes from the rest.
‘A genuine London icon’: Extraordinary Regent’s Park building offered with development potential
Originally built as a major visitor attraction, agents say The Diorama 'represents a truly generational opportunity' to create 'a private headquarters, cultural destination, world-class residence or legacy…
‘One of the most beautiful houses in Oxfordshire’: ‘Bohemian sanctuary’ with romantic roots seeks £14.25mn
Newington House was built in the style of an Italian Palazzo, and later became something of a hub for literary high society.
In Pictures: Inside the first completed penthouse at Holland Park Gate
RedBook Agency & Taylor Howes collaborate on transformation of 5,500 sq ft duplex atop Lodha's super-prime scheme in Kensington, billed as 'one of London's most significant new luxury homes'.
Global trophy homes go under the hammer in Mayfair
Concierge Auctions said £139mn in bids were placed during its latest London global sale at The Connaught, as buyers competed for homes from across the US and Europe.
Prime property price declines accelerate in ‘strong buyer’s market’
Savills expects 'increasingly cautious' London & regional top-ends to remain price sensitive in H2.
Luxury hospitality gurus launch branded resi consultancy
'The gap between brand promise and resident experience is one of the most consequential — and least visible — challenges in branded residences today,' says Moricon co-founder Sebastian Moritz.
LATEST ARTICLES
In Pictures: Inside the first completed penthouse at Holland Park Gate
RedBook Agency & Taylor Howes collaborate on transformation of 5,500 sq ft duplex atop Lodha's super-prime scheme in Kensington, billed as 'one of London's most significant new luxury homes'.
Long-standing Hamptons director moves to Moveli
Andrew Farmer has spent the last two decades with Hamptons in Tunbridge Wells.
Valouran promotes sales chief Leigh to partner
Industry veteran steps up at the luxury developer, where he oversees sales across a £4bn London portfolio.
Influential economists urge incoming PM to scrap stamp duty & council tax for 1% property value tax
UCL report backed by heavyweight thinkers proposes annual levy on property values as part of sweeping tax overhaul.
Jackson-Stops: Home-buying reforms could unlock 260,000 homes within a year
Agency reckons speeding up transactions could tempt a sizeable cohort of would-be movers off the sidelines, and says scrapping stamp duty would have an even bigger impact.