UK house prices surge to record high over year to April House prices jumped by 2.1%, marking the biggest monthly increase since 2004
Fri, Apr 30, 2021, 08:05
The report predicts that annual house price growth will reach double digits by this summer.
The average house price surged by nearly £16,000 over the year to April to hit a new record high, according to an index.
Across the UK, the typical property value hit a peak of £238,831 in April, Nationwide Building Society said.
The average price had increased by £15,916 over the previous 12 months.
Nationwide said annual house price growth rebounded to 7.1 per cent in April, from 5.7 per cent in March.
Average UK house price nearly £16,000 higher in April than a year ago
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Average house price £16k higher than a year ago
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Average UK house price nearly £16,000 higher in April than a year ago
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