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UK house prices surge to record high over year to April

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.

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