Record high of £245K reached by house prices in October

With the markets being stormed by buyers in the stamp duty holiday, a new average high of £245K has been reached by house prices. This has been caused by a rise of £19,000 in a year according to agents. Amid the pandemic, detached homes containing outdoor spaces have been in high demand. Since 2004, this has been the highest number of prospective buyers, according to NAEA Propertymark.

Record high of £245K reached by house prices in October

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