Back
News

Average house price breaks £260,000 barrier

The price of the average UK house has broken the £260,000 barrier for the first time.

House prices rose by 12.6% year-on-year in February, according to Nationwide – the strongest pace of growth since last June. Over the month, prices rose by 1.7%, the seventh consecutive monthly increase.

The average price of a house is now a fifth higher, or £44,138, than in February 2020, just before the coronavirus lockdowns started.

Start your free trial today

Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.

Including:

  • Breaking news, interviews and market updates
  • Expert legal commentary, market trends and case law
  • In-depth reports and expert analysis

Up next…