What is a house price index?

A house price index measures the relative changes in the price of residential properties over time, providing insights into market trends and property value fluctuations.

What are private sector rents?

Private sector rents refer to the rental prices set by private landlords for residential properties, which can vary based on location, property type, and market demand.

What is the Office for National Statistics?

The Office for National Statistics (ONS) is the UK's largest independent producer of official statistics, providing data on various aspects of the economy, society, and population.

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UK house prices rise at fastest pace since Feb 2023, ONS says

Published by Uma Rajagopal

Posted on November 20, 2024

1 min read

Last updated: January 28, 2026

Graph showing UK house price increase in September 2023 - Global Banking & Finance Review — An illustration highlighting the recent rise in UK house prices, which increased by 2.9% year-on-year in September 2023, as reported by the ONS. This image underscores the trends in the British housing market.

UK house prices rise at fastest pace since Feb 2023, ONS says

Frequently Asked Questions about UK house prices rise at fastest pace since Feb 2023, ONS says