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UK households considering selling their home have been handed a major boost before Christmas . UK house prices are rising at the fastest rate since January 2025, according to a major bank.

Halifax says October increase pushes average cost of home to £300k despite uncertainty. Prices increased by 0.6% month-on-month in October pushing the average cost of a UK home to a record high of £299,862, according to Halifax.

October saw the biggest monthly rise in UK house prices since January this year, with the value of the average UK home increasing by +0.6% (£1,647). That brings the typical property price up to £299,862 – the highest on record.

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“Demand from buyers has held up wel

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