archiveUK house prices

UK house prices slump by £1,150 month-on-month (Image: Getty)Average house prices in the UK fell by around £1,150 or 0.4% month-on-month in May, according to a leading index.Property prices now average £296,648, compared to £297,798 last month, Halifax has said. But, despite the monthly price drop, property values are still more than £7,000 higher than last year, Halifax said. May’s month-on-month price fall follows a 0.3% increase in April. Amanda Bryden, head of mortgages at Halifax, said: "These small monthly movements point to a housing market that has remained largely...

House prices in the UK picked up again in May, helped by favourable market conditions for buyers, according to Nationwide Building Society.Prices rose by 0.5% compared to April, when they had fallen by 0.6%. The average property now costs £273,427. On a yearly basis, prices were up 3.5%, a slight increase from April’s 3.4% rise. Nationwide said the market remains “supportive” for those looking to buy. Robert Gardner, Nationwide’s chief economist, said: “Despite wider economic uncertainties in the global economy, underlying conditions for potential home buyers in the UK remain...

Questions are being raised if Brits are falling out of love with our seaside towns as house prices in ‘England’s best seaside town’ have plummeted by a steep 13k. Despite property prices in some of the most popular UK seaside towns increasing by 4.6% over the past year Perranporth has seen prices take a sharp nosedive.Located on the north coast of Cornwall, Perranporth is renowned for its stunning dog-friendly beach, and rightly so, as the resort town boasts three miles of golden sand, surf shops and cafes. Those who visit...

Questions are being raised if Brits are falling out of love with our seaside towns as house prices in ‘England’s best seaside town’ have plummeted by a steep 13k. Despite property prices in some of the most popular UK seaside towns increasing by 4.6% over the past year Perranporth has seen prices take a sharp nosedive.Located on the north coast of Cornwall, Perranporth is renowned for its stunning dog-friendly beach, and rightly so, as the resort town boasts three miles of golden sand, surf shops and cafes. Those who visit...

Questions are being raised if Brits are falling out of love with our seaside towns as house prices in ‘England’s best seaside town’ have plummeted by a steep 13k. Despite property prices in some of the most popular UK seaside towns increasing by 4.6% over the past year Perranporth has seen prices take a sharp nosedive.Located on the north coast of Cornwall, Perranporth is renowned for its stunning dog-friendly beach, and rightly so, as the resort town boasts three miles of golden sand, surf shops and cafes. Those who visit...