{"id":32455,"date":"2021-05-20T20:34:59","date_gmt":"2021-05-20T08:34:59","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=32455"},"modified":"2021-05-20T20:34:59","modified_gmt":"2021-05-20T08:34:59","slug":"uk-house-prices-rise-at-fastest-rate-since-2007","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/uk-house-prices-rise-at-fastest-rate-since-2007\/","title":{"rendered":"UK house prices rise at fastest rate since 2007"},"content":{"rendered":"<p><strong>PHOTO: At the country level, Wales recorded the largest annual house price growth in the year to March 2021, increasing by 11.0%. Photo: Nathan Stirk\/Getty Images<\/strong><\/p>\n<p><a href=\"https:\/\/propertynoise.co.nz\/au\/?s=UK+house+prices&amp;submit=Search\">UK house prices<\/a> rose at the fastest pace in nearly 14 years in March after Rishi Sunak announced the extension of the stamp duty holiday.<\/p>\n<p>Property prices increased 10.2% in the year to March 2021, up from 9.2% in February this year. This was the highest annual growth rate the UK has seen since August 2007, according to\u00a0<a class=\"link rapid-noclick-resp\" href=\"https:\/\/www.gov.uk\/government\/statistics\/uk-house-price-index-summary-march-2021\/uk-house-price-index-summary-march-2021\" target=\"_blank\" rel=\"nofollow noopener\" data-ylk=\"slk:official figures\" data-rapid_p=\"7\" data-v9y=\"1\">official figures<\/a>.<\/p>\n<p>Prices soared 1.8% in March alone, the highest increase in any month since April 2014.<\/p>\n<p>The average British house price value now stands at a record \u00a3256,405 ($363,275), compared with \u00a3232,684 in the same time period in 2020.<\/p>\n<p>&#8220;March was a record month that saw the highest transaction numbers in England ever recorded and the second highest monthly stamp duty tax take,&#8221; said Nick Barnes, head of research at Chestertons. &#8220;Buyer motivation was driven by the stamp duty holiday deadline and the relaxation of lockdown 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&rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":32457,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478116156,478116157,478098519,478098513,478098579,478098510,478098511,478098533,478098509,478116155,478099377,478104451,478105261,478116158,478101198,478116159],"class_list":["entry","author-data123nz","post-32455","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-british-house-price-value","tag-chestertons","tag-home-ownership","tag-property","tag-property-market","tag-property-news","tag-real-estate","tag-real-estate-agent","tag-real-estate-news","tag-rishi-sunak","tag-uk","tag-uk-estate-agent","tag-uk-estate-agents","tag-uk-homes","tag-uk-house-prices","tag-uk-house-values"],"yoast_head":"<!-- This site is optimized with the Yoast SEO 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