UK house prices up by 8.5%

In this short article we take a quick look at the latest house price data

ONS, Halifax and Nationwide all report a sharp increase in annual house price growth since the stamp duty holiday announcement in July 2020.
According to the December UK HPI (ONS), the average house price in the UK is £251,500, an annual increase of 8.5%.
In January 2021 Halifax and Nationwide reported a slowdown in house price growth, a -0.3% monthly decline. Stabilisation of price growth could reflect the looming SDLT/ Land Transaction holiday deadlines.
Rightmove, Zoopla and the Dataloft Demand Index all report good levels of housing market demand, and while stock remains constrained, prices are likely to be supported. Source: Dataloft, ONS, Nationwide, Halifax

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House Price Rises in the Last 50 Years

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.

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Average House Prices in the Regions

As an estate agent in Attleborough, I'm pleased to present an informative infographic detailing average house prices across UK regions. This valuable market insight helps both buyers and sellers stay well-informed about current trends shaping their decisions.

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ORANGE HEAT MAP – House price Growth in Last 10 Years

Since 2014, UK house prices have climbed by 65.4%, but this national figure masks the varied growth across regions. In places like Attleborough, property values reflect distinct local factors, leading to differences in growth rates from city to city and town to town.

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