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Home Business

House prices return to growth, Zoopla says

22 December 2024
in Business
House prices return to growth, Zoopla says
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According to Zoopla’s latest house price index, UK house prices rose by 1.9% in November 2024, with the average price reaching £267,500. The market is expected to continue growing in 2025, with a 2.5% increase projected. Buyers are becoming more price-sensitive, with average selling prices currently 3.6% below asking. Various regions in the UK experienced different rates of growth, with London seeing a 1.4% increase and Belfast a 6.9% rise in house prices. To avoid hidden costs, potential buyers are advised to ask about the property’s history, energy efficiency, condition of roof/windows/doors, known issues, planning restrictions, and upcoming infrastructure projects.

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Tags: growthHousepricesreturnZoopla
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