Average house price jumps by £31,000 in a year

Published date23 June 2022
Publication titleHuddersfield Daily Examiner
Across the UK, the typical property value in April stood at £281,000 in April, which was 12.4% higher than a year earlier

Some property professionals pointed to more recent figures indicating a softening in the housing market.

They also highlighted a nervousness about taking on debt when it is unclear when the living costs surge will start to level out.

ONS figures also released on Wednesday showed that Consumer Prices Index (CPI) inflation rose from 9% in April to 9.1% in May.

The pace of annual house price growth...

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