Research from national UK estate agent, Keller Williams UK , has found that UK house prices have, once adjusted for inflation, risen by 377% since the Queen’s coronation in 1953, while the past 12 months have brought mixed fortunes for Her Majesty’s impressive property portfolio.
When Queen Elizabeth II was crowned on 2nd June 1953, the average UK house price was £1,884 which, when...
'GENERATION RENT’ WILL NEED MORE HELP THAN A 95% MORTGAGE
UK House Prices Skyrocket 188% in 20 Years, with Wage Growth a Dismal 67%
Rishi Sunak has promised to turn ‘generation rent into generation buy’ in his latest budget announcement with a return to 95% mortgages, previously phased out after the 2008 financial crash.
The latest research from Warwick Estates has revealed that while house prices are currently at an ‘all time high’, they’re yet to surpass their pre-financial crash peaks in all but three UK regions, when taking inflation into account.
The average house price across Britain currently sits at a dizzying £253,382 according to the latest figures from the Land Registry. That’s 34% higher...
