The average UK house price rose by nearly £24, 000 during 2021, the biggest increase ever recorded in a single year in cash terms, according to an index. The typical price of a home reached a record high of £254, 822 in December, marking a £23, 902 increase over the past year, Nationwide Building Society said. Chief economist Robert Gardner said: “ The price of a typical UK home is now at a record high of £254, 822, up £23, 902 over the year – the largest rise we’ve seen in a single year in cash
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2021-12-30 00:00:00.0