A fifth of homes in Britain have increased in value by more than the average salary in the past 12 months, a new report claims.
The average worker took home £30,500 in the past year, but 21 per cent of homes in Britain earned more than this amount.
It is the latest evidence of a red-hot property market that has bounced back following a shutdown at the beginning of the pandemic, with the help of pent-up demand and a stamp duty holiday.
In Hastings, East Sussex, 62 per cent of homes increased in value more than the average local salary of £25,800 in the past year
Has your home earned more than you have?
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