There is a chance your house earned more than you did over the past two years. House prices have grown by a “record-breaking” average of £55,000 since the start of the pandemic and are still rising, according to Rightmove.
Asking prices jumped by 2.1% over the past month – equivalent to a £7,400 increase – to take the cost of the average home to nearly £368,000. In the two years before the pandemic, prices increased by only £6,200.
To put that in perspective, the average salary last year was around £25,000 after tax.
