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Asking price growth has slowed as new sellers lower price expectations due to the looming stamp duty deadline and high competition, the latest data from Rightmove reveals.
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The average annual service charge for a flat in England & Wales rose 11.0% during 2024, to £2,300. This rise outpaced CPI (Consumer Price Inflation) of 2.5%.
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Average house price has risen nearly £50,000 since start of 2020, says Halifax.
Despite the recent dip in UK house prices, the average price of a home in this country is up almost £50,000 on average since the beginning of the pandemic.
According to Halifax, which carried out the research, it is the equivalent of a 20.4% rise on average, as the country approaches.....
