Typical UK house price now £188,000

House prices across the UK are at an all-time high.
House prices across the UK are at an all-time high. Credit: PA

The typical house price across the UK has risen 11.8% to reach an all-time high of £188,903, Nationwide has reported.

Last month figures from the Office for National Statistics found first-time buyers have to pay even more to get on the property ladder with a typical starter home now costing £199,000.

Read more: First-time buyers face surge in house prices

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Housing prices: National average up 11.8%

House prices lifted by 11.8% year-on-year across the UK in June to reach another new all-time high of £188,903 typically, Nationwide has reported.