Pandemic Price Climb

2nd June 2021

London house prices are up 1.9% and houses are the most sought-after in the Capital and beyond, according to new research.

As anyone who is looking to buy a house right now might know, house prices have risen and the competition to secure a property is fierce. Demand is outstripping supply, meaning that in some cases, best and final offers are back. According to Zoopla, London has seen a growth of 1.9% for the sixth consecutive month, while across the UK, family homes are the most sought after, with average values for houses up +5.2% on the year, compared to +1.1% growth for flats.

It is thought that the surge in demand has been fuelled by the stamp duty holiday, and that houses are proving popular due to the ongoing effect of the pandemic, with potential buyers still focusing on more space and a garden as the top of their priorities.