Halifax says average property price rose by 1.7%, or £4,425, to £267,587 in September

House prices registered the strongest monthly rise for 14 years in September, pushing the average cost of a home to a record high and reversing a three-month decline in annual growth.

Halifax, one of the country’s biggest mortgage lenders, said last month the average cost of a home rose by 1.7%, or £4,425, to £267,587. The previous peak was £263,162 recorded in August.

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