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UK House Price Index – January 2024

Research and Insight January 2024
Top insights
Executive summary
- 0.8 %

Annual UK house price inflation

12 %

Year-on-year change in buyer demand


% sales agreed at price more than 10% below the asking price

“It’s a positive start to the year but this is a rebound off a low base. Sub-5% mortgage rates are encouraging but buyers remain price sensitive and focused on value for money. There is upside for sales volumes but prices still need to adjust to allow for reduced buying power.”

Richard Donnell Executive Director - Research
Rebound in demand, new sales and supply to start 2024