# UK house prices fall at steepest rate in more than three years

- Source: Guardian World
- Published: 2026-11-06T08:05:48+00:00
- Category: Local
- Original: https://www.theguardian.com/business/2026/nov/06/uk-house-prices-fall-at-steepest-rate-in-more-than-three-years
- Canonical: https://groundlevelnews.com/story/uk-house-prices-fall-at-steepest-rate-in-more-than-three-years-e6a8be/

October drop of 0.6% leaves average price of property at £296,285, says Lloyds, as high mortgage rates hit market Business live – latest updates UK house prices fell at the steepest rate in more than three years in October, marking the fourth consecutive monthly decline, as high mortgage rates hit the housing market. The average price of a typical UK property stood at £296,285 last month as prices

_Ground Level News shows a short summary only; the full article and all rights belong to Guardian World._