UK house prices rise at fastest rate since 2004

The average house price across the UK increased by £31,000 in the year to June to £266,000 - the fastest annual increase since 2004. Prices jumped 13.2% in the 12 months to June 2021, up from an annual rate of 9.8% the previous month, according to data from the Office for National Statistics. Much of the increase was driven by the North West, where prices were up 18.6% and and North East, which saw an increase of 15.3%, while the lowest rises were seen in London, which recorded a 6.3% rise compared with a year earlier.

BBC News (18/08/2021)