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The average UK property is now worth over £200,000

UK property prices have now reached an average of £200,280, reaching their highest level since September 2014.

Property Prices 2015

UK property prices have now reached an average of £200,280, reaching their highest level since September 2014.

The latest figures from Halifax demonstrate that property rises in the UK have risen by 3.3% over the last quarter and have recorded an annual increase of 9.6%. The figure shows that the rate of annual capital growth has also increased by 1% on the figures released in May.


In terms of monthly performance, the UK has achieved a fourth consecutive month of growth with average house prices across the country rising by 1.7% between May and June.


The continued disparity between supply and the demand in the UK property market means that it has maintained its status as a long-term investment option, with a proven record of high capital growth, continuing to attract domestic and international investors.


The relative stability of the UK property market in the face of uncertainty, such as the Euro crisis and the volatility of traditional investment routes such as gold, has made the UK property market an attractive prospect.


The economic distance between the UK and the Eurozone means that the UK’s property market is likely to continue to benefit from the concern that is felt in other investment areas.

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