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    19.01.2016 10:46 UK house price inflation rises 0.8% in November

    The Office for National Statistics (ONS) released its house inflation data for the U.K. on Tuesday. The U.K. house price index rose at a seasonally adjusted rate of 0.8% in November, after a 0.8% increase in October.

     

    On a yearly basis, the U.K. house price index increased at a seasonally adjusted rate of 7.7% in November, after a 7.0% in October. It was the highest rise since March.

     

    The higher house price inflation was mainly driven by an increase in prices in the East, the South East and London.

     

    The average mix-adjusted house price was £288,000 in November, up from £287,000 in October.


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