House price growth at fastest rate since 2007: Halifax

House price growth at fastest rate since 2007: Halifax

Despite the ongoing pandemic and wider economic challenges of 2021, average property prices hit new record highs eight times during 2021, breaking records once again in December to stand at £276,091.

The latest figures released by Halifax this morning have shown that house prices increased by over £24,500 in 2021, the largest annual cash rise since March 2003, but are expected to slow in 2022. To continue reading, please Click Here


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At first glance, UK house prices rising tens of thousands of per cent since 1900 look absurd. But annualised over 126 years, growth averages around 4.5 to 5 per cent a year. It is not sudden surges but steady compounding that drives values higher, showing property rewards time in the market more than attempts to time it.

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At first glance, the difference between Attleborough and the national housing picture may seem small. Yet beneath the surface, it reveals something far more telling about the town’s homeowners, renters and overall market balance. To understand what these figures really say about Attleborough, read on.