House prices reach record high of £245k in October 2020 says ONS
The surge in house prices saw the average property in Britain reach a record high of £245,000 in October, as buyers race to complete transactions ahead of the stamp duty holiday on 31 March 2021. Property prices rose by 5.4 per cent, or £13,000, in the year to October, up from a 4.3 per cent increase in the year to September, new figures from the Office for National Statistics show. Separate figures published today by NAEA Propertymark said estate agents have seen buyers 'storm' the market, with prospective purchaser numbers rising to the highest level since August 2004 this month. Reco...
Source: dailymail.co.uk