£3,000 Fall in Average UK House Price in October

A view of houses in Thamesmead, southeast London, on July 27, 2021. Yui Mok/PA Media

The average UK house price was £3,000 ($4,000) lower in October than a record high reached the previous month, according to official figures.

The typical property value in October was £268,000 ($354,000), down from a peak of £271,000 ($358,000) in September, the Office for National Statistics (ONS) said.