Main image: Average UK house price annual percentage change was 10.3% in the year to November 2022
UK house prices dipped in November – official data
The average UK property price fell by 0.3% in November 2022, according to the official House Price Index, but London saw a 0.1% rise.
UK property prices increased by 10% in the last year – official data
London continues to be the region with the lowest property price inflation rate, according to the latest UK HPI: +0.2% in November and+5.1% for the year.
House prices fall as the property market continues to slow – RICS
'The downturn in the housing market this time could be shallower compared with past experiences,' says Simon Rubinsohn, Chief Economist at the Royal Institute of Chartered Surveyors.
London house prices dip but the wider property market remained robust in October – UK HPI
London's average house price fell by 0.9% in October, according to the official UK House Price Index, while the national average property value nudged up by 0.3%.
Most read
Knight Frank begins redundancy consultation process
Agency says fewer than 3% of its UK workforce could be affected.
Knight Frank recruits Savills sales chief Kelly to lead London resi teams
Liza-Jane Kelly will join in September to run offices across the capital and grow the agency's new affiliate broker model.
By PrimeResi
London Square buys 800-home Earl’s Court scheme
Aldar-owned developer completes another significant resi acquisition in SW London.
By PrimeResi
Burnham’s rise revives the big property tax question
The former Manchester Mayor and Prime Ministerial hopeful has been a long-standing advocate of a Land Value Tax to replace Stamp Duty.
By PrimeResi
Property Industry Reactions: Starmer resigns, opening the door for a Burnham premiership
UPDATED: It's a 'double whammy,' says Becky Fatemi - 'uncertainty over future policy, followed by concern about the policies themselves.
By PrimeResi
Part-complete luxury resi project near Buckingham Palace offered for £35mn
Rare PCL development play 'ready for immediate start on site'.
Strutt & Parker recruits Knight Frank’s Glanville to lead prime cities push
BNP Paribas-backed agency steps up expansion across key regional markets.
‘Change’: Charles Curran on what a Burnham premiership could mean for London’s prime property market
'We see Mr Burnham as a negative for the Prime Central London property market for second home owners, foreign owners and landlords,' writes estate agency boss.
‘Bold buyers snap up deals’: Super-prime agent calls for ‘the end of caution’ in PCL
'Decisive buyers are dominating,' says Peter Wetherell, following a five-day five-deal run worth nearly £25mn.
By PrimeResi
In Pictures: John D Wood & Co.’s Summer Party 2026
Venerable estate agency held its annual bash in Belgravia last week.
By PrimeResi
LATEST ARTICLES
LonRes Awards 2026: The Winners
'Deals - and outstanding deals at that - are still being done,' says LonRes' Anthony Payne, as firms including Savills, Chestertons, DDRE Global, UK Sotheby's and Black Brick are recognised for standout…
The High Life: How London’s resi towers are evolving into vertical communities
With land scarce & buyer expectations shifting, tall buildings are increasingly being designed around wellness, amenity & community rather than views alone, explains Berkeley's James Boyce
By James Boyce
Dubai property developer named as prospective buyer of ‘£190mn’ London mansion
The FT cites 'people familiar with the matter' to identify the prospective new owner of The Holme in Regent's Park.
By PrimeResi
Notting Hill & Bayswater specialist joins Harding Green
Brokerage recruits well-known former Marsh & Parsons director.
Trevor Abrahmsohn: My radical solution to ending bad buyer behaviour
Any ‘instant contract’ system will still be riddled with legal exits large enough to drive a removal lorry through - there is a much better solution available, says veteran agent.