Today the Office of National Statistics have revealed the latest figures for April 2021 – this gives a real insight into what the property market looks like in the UK. There are a lot of statistics and data around each release but we’ve decided to summarise the release into an easy to read visual data image (below).
What do we have to learn from this release? Property prices are still very high compared to last year. in fact, they’re still at a near all-time high. There has been a slight drop since March 2021 resulting in the average UK property price being – £250,772
Property sale volumes are also up (by 31.7%) from previous years, properties are selling like hotcakes!
We’ve asked our property experts here at HouseBuyFast what they think this means for the future and they’ve said –
“We’ve been experiencing a particularly unexpected time of growth for the property market, it’s definitely kept us on our toes!” – Duncan Fretter Senior Property Buyer
“Whilst there has been a small drop from property prices since last month this is a small bump in the road – prices are still up and customers are still very interested in selling.” – Jonathan Rolande Director
Regardless of the statistical price of property, we will always buy any house anywhere in England or Wales.
What do you think the future holds for the property market? Let us know in the comments and stay tuned for another post next month.