September sees slight fall in house prices

UK house prices have shown mixed signals, with Halifax reporting a 0.3% monthly fall in September, reversing August’s modest rise, and annual growth slowing to 1.3%, the weakest since April 2024. The typical property now costs £298,184, while first-time buyer homes average £236,811. The average London price rose 0.6%, to £543,497. Amanda Bryden, Halifax head of mortgages, said: "This slight monthly dip in house prices reflects a housing market that has remained broadly stable . . . many homes are available at a cost well below this headline figure." Analysts point to affordability pressures and uncertainty over the upcoming November Budget, with potential property taxes affecting buyer sentiment. 

City AM (08/10/2025)   The Daily Telegraph (08/10/2025)   The Guardian (08/10/2025)   The Standard (08/10/2025)