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‘Fastest summer for property market in five years’: Average house price surges 6% in a year as Wales, N.Ireland and the North West play catch-up

September 28, 2021 by admin Leave a Comment

The average UK house price is now £235,000 with the summer market moving at its fastest pace for five years, a new report shows.

The latest House Price Index released by property website Zoopla shows that the housing market is continuing unabated, despite many experts anticipating a slowdown due to the end of the stamp duty holiday in September.

The average house price rose by 1.2% in the three months to the end of August, taking the annual rate of price growth to 6.1%, up from 2.8% in August 2020. 

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