UK average property price up £20k in a year

18th December 2015

New data shows that asking prices in England and Wales have ended the year nearly £20,000 higher than they were at the start of 2015, with an imbalance between housing supply and demand potentially pushing average values up a further £17,000 within a year. If this were to occur, averages would climb above £300,000. The figures show an average asking price of £289,452, up £19,975 on the typical asking price of £269,477 in December 2014. The rate represents a £55 a day increase in value, or £1,700 a month. Asking prices in London are typically £55,458 or 9.9% higher than a year ago at around £616,548.

The Daily Telegraph (14/12/2015)