property market uk

The average price of a property in the UK now stands at £267,587 according to the latest Halifax House Price Index. This means a monthly increase of 1.7%, bringing the annual change to 7.4%. The average UK property rose by £4,400, which is the largest monthly change since February 2007. Over this period, according to the latest Halifax HPI report, flats have increased on average in price by 6.1%, semi-detached homes have increased on average in price by 8.9% and detached homes have increased on average in price by 8.8%. Therefore over the past year, detached homes have reportedly increased by around £41,000 on average according Halifax. If you are thinking of putting your detached home on the market, you may be in for a surprise when it comes to the price. Speak to us today on 01233 501601, to see what your home could be worth on the current Ashford market.

Source: Halifax, 2021.

Read more: https://www.halifax.co.uk/media-centre/house-price-index.html