Average annual UK house prices increased 10% in the final weeks before the stamp duty holiday ends, although the rate of growth has slowed.

Prices in September reached £248,742, with a modest annual slowdown to 10% from the 11% growth seen in August. However the house prices still remain around 13% higher than before the pandemic began.
In the third quarter to September 30, London was the weakest performer, with annual growth slowing to 4.2% from 7.3% in the prior quarter.

September was the final month a tax holiday on stamp duty rates, launched to turbo-boost the housing market in the pandemic, was in place. From October 1, the duty will be in place on all purchases above £125,000.