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


Get in touch with us

Searching for the right home can be overwhelming. Use this practical checklist to stay organised, confident and ready to act when the right property appears.

This map highlights parts of Attleborough where many homes have spare bedrooms sitting unused. Extra space brings comfort and flexibility, but it also carries costs and questions about whether a home still fits its owner’s stage of life. Understanding where space is underused helps spark thoughtful conversations about future housing choices.

Not every home that goes on the market ends up sold but knowing the reasons why can be the difference between “listed” and “sold”.

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.