Big increase in property values

House Price Increases

Million home value boom: 1m UK homes see value increases of 50 per cent or more in the last five years, an average gain of £117,400

House values have increased gradually by an average of 20 per cent since the 2020 pandemic, with some areas experiencing more significant value increases than others. This is despite a drop in buyer demand in 2023 caused by higher borrowing costs since 2022.

Homes see biggest increase in value in northern England and Wales

Over half of the homes that have seen their value...