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Average House Price £197k

Average house prices increase in february

The Average cost of a house in the UK remains steady at 197k


 

New statistics revealed by nationwide show UK house prices remain steady at around £197k but there was a slight increase in 0.3% in February

Also according to nationwide,  63% of people aged 25 to 34 lived in rental property last year, soaring to 92% among those aged 16 to 24.

The number of people renting in the private sector has risen by 75% in the past decade to 4.3 million.

Ironically, it is the demand for rented homes from people unable to buy their own that has contributed to the rise in buy-to-let investors in recent years.


 

For the full article visit Zoopla

 

 

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