Median home price in the UK has crossed a historic milestone

March 28, 2022
Median home price in the UK has crossed a historic milestone
In the first month of spring, the average cost of real estate in Britain exceeded 422,000 euros for the first time.

In the first month of spring, the average cost of real estate in Britain exceeded 422,000 euros for the first time. This fluctuation is 1.7% higher than in February and more than 10% higher than last year.

Such an increase in price, to some extent, was caused by an unusually low number of offers: the market has developed a situation where there were twice as many buyers as the offered property. And those who put the property up for sale faced twice the probability of finding a buyer - if we take the same period two years ago.

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Alexandra Meyer
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Alexandra Meyer
Personal assistant