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The UK housing market is currently booming – if you know where to look.
Zoopla has identified what it says are housing markets with best prospects for house price growth in 2025.
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The average household in England & Wales sold their home in 2024 for £91,820 more than they paid for it, down from a record £112,930 in 2022. In percentage terms, the average seller made a 42% gross profit, the lowest return in over a decade.
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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.....
