UK house prices on the fastest rise

UK house price of an average home now is at 20% higher than at the start of the coronavirus pandemic.

The price of an average UK home hit £265,312 have risen more than £33,000 higher a compared to March 2021 on a year to year basis

Detached homes in the other hand, have risen nearly £68,000 in price since the start of pandemic representing approx one fifth rise. With many working from home, naturally they will sought for more space and bigger properties, while average flat prices have increased by £24,000, or 14%.

With the government intervened with stamp duty cuts further stimulate the housing industry that further contribute to the price rise as soon as the market starts to reactivate.