Average UK house price jumped for second month in a row in November – Halifax

The average house price jumped by nearly £1,400 month-on-month in November, according to an index.

Across the UK, property values jumped for the second month in a row, rising by 0.5% in November, or £1,394 in cash terms, Halifax said.

It followed a month-on-month price increase of 1.2% in October.

At £283,615, the average UK house price in November was 1.0% lower than it had been a year earlier.