UK house prices have recorded their first annual drop since 2012 due to heightened economic pressured, however, the average house price remained virtually unchanged at £286,532, down slightly from April’s figure of £286,662.
![House Price Falling Graph - Independent Mortgages Direct NE House Price Falling Graph](https://imdne.co.uk/wp-content/uploads/2022/09/Real-estate-chart-972055434_3600x2400-1024x683.jpeg)
Independent Mortgages Direct NE
UK house prices have recorded their first annual drop since 2012 due to heightened economic pressured, however, the average house price remained virtually unchanged at £286,532, down slightly from April’s figure of £286,662.