Price of average UK home passes £300,000 for first time, Halifax says

Property prices in January rose 0.7%, the fastest rate since November 2024 increase of 1.1%Business live – latest updatesThe average cost of a UK home passed £300,000 for the first time in January, as house prices increased at the fastest rate since November 2024.Data released by Halifax showed...

<p>Property prices in January rose 0.7%, the fastest rate since November 2024 increase of 1.1%</p><ul><li><p><a href="https://www.theguardian.com/business/live/2026/feb/06/uk-house-prices-jump-halifax-stock-markets-inflation-latest-news-updates">Business live – latest updates</a></p></li></ul><p>The average cost of a UK home passed £300,000 for the first time in January, as house prices increased at the fastest rate since November 2024.</p><p>Data released by Halifax showed that house prices rose 0.7% month on month in January, the fastest rate since a 1.1% increase was recorded in November 2024. On an annual measure, prices grew 1%.</p> <a href="https://www.theguardian.com/business/2026/feb/06/price-of-average-uk-home-passes-300000-for-first-time-halifax-says">Continue reading...</a>
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