Average UK prices rise 3.2% but sluggish London property market sees fall of 0.2%
UK house prices grew at the slowest rate in five years in August, in the latest figures to identify a growing divergence between a sluggish London property market and faster rates of growth other regions.
The average price of a UK home increased by 3.2% in the year to August, to £232,797, in the lowest annual rate of growth since August 2013, according to the figures from the Office for National Statistics (ONS) and Land Registry.