Average UK House Price Hits Record £270,027: Index

A man looks at properties for sale in an estate agents window in London on July 10, 2003. Scott Barbour/Getty Images

The average UK house price hit a record high of £270,027 in October, according to an index.

The average property value grew by 0.9 percent in October—showing an increase of more than £2,500 during the month, Halifax said.