UK house prices: how much was the average price for a home in November 2022 - latest ONS figures

Properties in England and Wales have seen the average UK house price rise at a rate of 10.7% in the 12 months leading to November 2022

<p>The average UK house price edged down in November from a previous record high, according to official figures. (Pic: Getty) </p>

The average UK house price edged down in November from a previous record high, according to official figures. (Pic: Getty)

UK house prices came down marginally in November 2022 from a record high the month before, according to official figures.

The average house price in November was £295,000 - down slightly from the previous month’s high of £296,000 - but still £28,000 higher than a year earlier, say the Office for National Statistics (ONS). The ONS details that property prices increased by 10.3% in the year to November 2022, slowing from 12.4% in October 2022.

Properties in England have seen the biggest annual increase in average house prices, rising 10.9% to £315,000. Average house prices in Wales have risen 10.7% to £191,000. Northern Ireland has seen the same rate of increase (10.7%) to £176,00. Scotland, meanwhile, prices rose on average to £191,000 at a rate of 5.5%, say the figures.

More to come.