House prices see biggest monthly surge for 20 years: Rightmove

House prices see biggest monthly surge for 20 years: Rightmove

Asking prices have once again broken records, hitting £348,804 in February after the biggest monthly jump in cash terms recorded by Rightmove in more than twenty years.

According to the property portal, the 2.3% monthly rise equates to +£7,785, with the annual rate of asking price growth at 9.5% - the highest recorded since September 2014. To continue reading, please Click Here


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This super 2-bedroom bungalow is designed for modern contemporary living with high end finishes, offering both style and comfort with an open-plan layout providing a bright and airy living space, flowing effortlessly into a sleek, modern kitchen, perfect for both entertaining and everyday living.

It’s no secret that the younger generation in Attleborough is finding it tough to get onto the property ladder. With the rising cost of living, stagnating wages, and stricter mortgage criteria, it's no surprise that fewer under-34s are becoming homeowners.

The government announced an increase in stamp duty for second home purchases. Buyers of additional properties, including buy-to-let investments and holiday homes, will face a higher rate of stamp duty compared to primary residences.

The graphic illustrates the staggering percentage increases in house prices across various regions of the UK over the last 50 years. The data, sourced from Land Registry, Denton House Research and Nationwide, sheds light on how each part of the UK has seen unprecedented growth.