UK House Prices Rise

News at John Hoole | 06/01/2020

UK house prices rebounded in November despite continued uncertainty around the outcome of Brexit and the general election, according to Britain’s biggest mortgage lender.

The average price of a home rose 1% to £234,625 last month, Halifax said, marking the largest monthly rise since February.

It signals a slight recovery after two months of declines and means home prices are 2.1% higher than a year ago.

Prices have increased by £3,904 since the start of the year and Halifax said it would continue to make “modest gains” into the new year.

John Hoole Estate Agents are pleased to provide free property valuations in the Brighton and Hove area.

Source: The Guardian Online 6/12/19