Nationwide: House price growth rises to 5.8%

Yearly house price growth increased to 5.8% in the year to October 2020, Nationwide’s House Price Index has found. (Please click or tap the picture to find out more)

This represents an increase from the 5.0% growth in September 2020.

Monthly price growth has slowed from 0.9% between August and September to 0.8% between September and October.

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Source: Property Wire

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Since 2014, UK house prices have climbed by 65.4%, but this national figure masks the varied growth across regions. In places like Attleborough, property values reflect distinct local factors, leading to differences in growth rates from city to city and town to town.

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