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UK House Prices See First Monthly Rise Since April, Up 0.2% in August

UK house prices increased by 0.2% in August, reaching an average of £275,465, according to Nationwide. This marks the first monthly rise since April, following a three-month decline.

  • UK house prices rose by 0.2% month-on-month in August.
  • The average house price is now £275,465.
  • This is the first monthly increase since April, ending a three-month decline.

UK house prices saw an increase of 0.2% month-on-month in August, according to Nationwide. This rise brings the average house price to £275,465.

The increase marks the first monthly rise since April, following a period of three consecutive months of decline. The property market is currently awaiting the Bank of England's interest rate decision, scheduled for 17 September.

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