UK-wide figures heavily influenced by London prices – external the capital flats are on average the cheapest homes to buy The average price of a flat in the UK has increased at a rate of £1000 a month since the financial crisis,driven by a steep rise in the cost of buying in London, according to figures from the country’s biggest mortgage lender.
Since the property market reached a low in late 2008 as the credit crisis took hold, or the average price of a flat has risen by £86474 to £237223,Halifax said. Continue reading...
Source: theguardian.com