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The average UK house price hit a new high in October, putting it just shy of £294,000, according to an index. House prices increased by 0.2% in October, the fourth monthly increase in a row ...
Across the UK, the average house price in November was £268,144. Robert Gardner, Nationwide’s chief economist, said: “House prices are just 1% below the all-time high recorded in the summer ...
House prices came under pressure in the first half of 2024 due to high inflation but began to recover in the second half of ... It now expects average UK house price growth of 2.5 per cent in 2025 ...
Data published by Halifax Bank indicates that UK house prices increased by 2.5% in January 2024 when compared to the same month in 2023. [158] The Met Office issues two amber snow warnings for the following day covering north Wales, north-west Shropshire, the Peak District and south Pennines. [159] 8 February
The consequence of this is seen in the high price for top-end dwellings. The most expensive home ever sold in the UK was 2–8a Rutland Gate, Hyde Park, which sold for £280 million in 2015. [62] The most expensive street in the UK is Kensington Palace Gardens, London, where the average price of a home is approximately £42 million. [63]
Even boosting (UK) housing supply to 310,000 homes per annum in their model only brings a five per cent fall in the baseline forecast of house prices". [30] Therefore, the National Housing Federation (NHF) and Crisis from Heriot-Watt University argue that alongside the needed 340,000 new homes each year (until 2031), 145,000 of those “must be ...