Average UK house costs £271,613 as price growth shows ‘tenative signs of slowdown’ June 30, 2022 The pace of UK house price growth slowed modestly last month, with the price tag of a standard home hitting a new record high of £271,613. According to the Nationwide House Price Index published on Thursday, average prices increased by over £26,000 in the past year. The rate of annual growth slowed to 10.7 per [...]
Average house price tops £274,000 as pace of growth expected to slow February 16, 2022 House prices climbed 0.8 per cent between November and December of last year and 10.8 per cent year on year. According to the latest UK house price index from the Office for National Statistics, the average price of a property in the UK was £274,712. However, real estate experts said the high rate of growth would [...]
UK house prices: Growth to remain ‘muted’ after coronavirus lockdown September 7, 2020 UK house price growth is expected to remain muted this year while transactions could plunge despite a bounce back in demand following the lifting of coronavirus lockdown restrictions. The latest research by estate agent Knight Frank forecasts that UK house prices will grow two per cent this year. However both prime central London and prime [...]
London house prices continue to fall in boost for buyers December 22, 2023 House price growth in London continued to decline in December, with properties on the outskirts of the capital seeing the biggest falls, according to new analysis from Zoopla. Overall, annual London house price growth fell 1.5 per cent this month, with the average price tag of £536k. This is down from a 3.4 per cent [...]
Prime house price growth slows to lowest rate in 11 years July 29, 2020 House price growth in global prime residential markets slowed to the lowest rate in 11 years in June as the coronavirus pandemic took its toll. The Knight Frank prime global cities index increased 0.9 per cent in the year to June, down from 2.3 per cent in March. It is the slowest rate of growth [...]
House sales set to slide by 23 per cent this year October 30, 2023 Zoopla said that UK house prices will fall two per cent over 2024 with hopes that rising incomes will “steadily repair housing affordability".
House prices shoot up 12.6 per cent but London has lowest growth across UK December 14, 2022 The price of a property in the UK has shot up by 12.6 per cent over the last year with the average now sitting at just below £300,000. The latest House Price Index figures from the Office for National Statistics show the monthly increase was minimal however, at just 0.3 per cent. London however had [...]
House prices: Recovery speeds up as more than half of Brits now tap up parents to get on the ladder January 31, 2024 House prices rose 0.7 per cent in January as cooling mortgage rates are continuing to help repair the market, a new report from Nationwide said.
Why the London property market will ‘underperform’ as UK house prices rise January 5, 2024 London house price growth will continue to “underperform” in comparison to the rest of the UK, property experts have predicted. Tom Bill, head of UK residential research at Knight Frank, said that buyers “struggling with affordability” will hinder recovery in the capital’s property market. “People were leaving to get more value during the pandemic..and I [...]
House prices hit record high of £276k as slower growth forecast for 2022 January 7, 2022 House prices increased by more than £24,500 last year, the largest annual cash rise since March 2003. The average UK property price reached a new record high of £276,091 in 2021, rising 9.8 per cent, according to Halifax’s House Price Index. Once more, London was the weakest performing region for annual inflation by long way [...]