UK Property Market

Average Home Prices Up to £206,890 in March

Recent research from the government shows that home prices went up by over £2,000 on average in March compared with the previous month. This adds up to an increase of 10.9 percent over the last year.

Detached properties saw a decrease of 0.2 percent in the course of the same month, while semi-detached properties ranked first in terms of price growth with 2.2 percent. The second position was occupied by terraces with a 1.5 percent rise.The first-time buyer paid 1.5 percent more for a property, while current owners closed the deal for one percent more in comparison with February. At the same time, London Remains the region with the highest prices, followed by east, south-east, and south-west, while the north-east registers the lowest ones

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