The UK House Price Index by the Land Registry provides a dependable gauge of house price trends, relying on actual property sales rather than listing prices. The latest data, reflecting August, shows a modest 0.2% increase in the average UK property price from August 2022 to 2023.<br /><br />Over the preceding year, there was a remarkable 14% surge in house price growth, signifying a notable deceleration.<br /><br />Nonetheless, prices continue their ascent, with August's average house price at £291,000, marking an upswing from July.<br /><br />A significant gap of £99,000 persists between the average prices paid by first-time buyers and those already on the property ladder. <br /><br />And what about the best time to sell, well if you want to have moved home by Christmas the homeowners alliance say around this week will ensure a sale by the festive season.
