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UK house prices grow at fastest pace in more than 15 years in April The extension to the stamp duty holiday prompted a spike in house prices, Nationwide data showed UK house prices grew at the fastest pace in more than 15 years this month, according to the latest research.  The average house price was up 2.1 per cent month-on-month, the biggest monthly rise since February 2014.  Annual house price growth rebounded to 7.1 per cent in April compared to 5.7 per cent in March, pushing property values to a new record high of £238,831. House prices have jumped by £15,916 over t...

© Tim Graham/Getty Images House prices saw their biggest monthly rise since February 2004 this April, jumping 2.1% month on month to reach a new record high average price of £238,831. Over the last 12 months they have risen by 7.1%, or by an average of £15,916. Nationwide’s latest house price index adds to what we have been saying for a while now — the boom that started last July when the stamp duty holiday was announced does not seem to be abating. April’s 7.1% yearly rise is only slightly below the peak of 7.3% recorded in December and up from 5.7% in March.  Everyone predicted t...

House prices hit record high in March surge: Halifax By Gary Adams 9 th April 2021 9:52 am The average house price in the UK grew 1.1 per cent from February to March, the latest Halifax house price index shows. By Halifax’s numbers this is the first monthly rise seen since November 2020. It also adds up to an annual rise of 6.5 per cent, which brings the average house price up to £254,606. The lender says that government support measures and tightening supply of homes for sale will support prices in the short term. “However,” says Halifax managing director R...

Average price of UK home jumps to record high of £254,606 in March Hilary Osborne © Provided by The Guardian Photograph: Nathan Stirk/Getty Images The average price of a UK home jumped by 1.1% in March to a record high of £254,606 as government measures to support the market continued to drive interest from buyers. The latest monthly snapshot of the market from Halifax showed that since March 2020, house prices had risen by 6.5%, or £15,430 in cash terms. The monthly rise is the first since November. Russell Galley, the managing director of Halifax, said the housing mark...

House prices in the UK edged downwards in February, but are predicted to hit record highs again after the stamp duty holiday was extended by Chancellor Rishi Sunak in this week's Budget.