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<h2>Average house prices have fallen by £15,500 since August, Britain’s largest building company Nationwide reveals after mortgage rate hikes left buyers in a bind</h2>
<p><strong>The average house now costs £258,297, down from a peak of £273,751 in August</strong><br />
<strong>The annual growth of house prices remains just positive at 1.1%</strong><br />
<strong>Mortgage rates rise after the mini budget eroded buyer confidence </strong></p>
<p class="author-section byline-plain">By Fran Ivens Because this is money </p>
<p><a href="https://whatsnew2day.com/house-price-growth-slows-to-just-1-1-according-to-nationwide/">House price growth slows to just 1.1%, according to Nationwide</a></p>
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Average house prices have fallen by £15,500 since August, Britain’s largest building company Nationwide reveals after mortgage rate hikes left buyers in a bind
The average house now costs £258,297, down from a peak of £273,751 in August The annual growth of house prices remains just positive at 1.1% Mortgage rates rise after the mini budget eroded buyer confidence