New data from Halifax has found that house prices rose at the fastest pace since 2007 in 2021.
The average house price rose 9.8% to £276,091 - which is a record high.
UK house prices have soared in UK towns this year amid the 'race for space'.
Towns such as Taunton saw house prices jump by 21.8% according to new data from Halifax.
House prices in the UK soared 10% over the course of 2021, which is the fastest growth rate in 15 years.
New figures from Nationwide found that the average cost of a home in...
The latest English Housing Survey has found that renters spend more on their homes every month than home owners.
Renters spend 31% of their household income on rent every month whilst those who own...
Halifax has said that the house price boom is likely to cool in 2022.
After prices surged this past year, they are likely to increase by 1% next year.
“Looking...
The Nationwide House Price Index found house prices grew by 10% in November, beating October's growth of 9.9%.
Robert Gardner, Nationwide’s Chief Economist, said: “Annual house price growth remained strong in November at...
The average cost of property in the UK jumped to £272,992 this week, which is a 15-year high.
The average house price in London is much higher, standing at £521,129.
Guy...
The property market in 2021 is set to be the busiest on track since 2007.
According to new data from Zoopla, this year is set to be the busiest in 14 years in terms...
House prices continued to climb in November and rose by 0.9% last month.
The average house in the UK costs £252,687, which is 10% higher than a year ago.
October saw the quietest month for house sales in over a decade, as the stamp duty holiday ended.
Transactions fell by 52% to 76,930 in October as people rushed to finish transactions before...