{"id":36253,"date":"2021-12-26T11:14:07","date_gmt":"2021-12-25T22:14:07","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=36253"},"modified":"2021-12-26T11:14:07","modified_gmt":"2021-12-25T22:14:07","slug":"house-prices-uk-property-markets-never-ending-boom","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/house-prices-uk-property-markets-never-ending-boom\/","title":{"rendered":"House Prices: UK property market&#8217;s never ending boom"},"content":{"rendered":"<p><strong>PHOTO: The market saw a 7.1% annual rise this year, according to the latest data from Zoopla, with prices rising by an average of \u00a316,000. FILE<\/strong><\/p>\n<p>UK property owners have benefited from a sharp rise in house prices during 2021.<\/p>\n<ul class=\"widgets-list-layout no-grav\">\n<li><a class=\"bump-view\" title=\"The 10 Best Nudist Beaches In Australia\" href=\"https:\/\/propertynoise.co.nz\/au\/the-10-best-nudist-beaches-in-australia\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar ls-is-cached lazyloaded\" src=\"https:\/\/i1.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/01\/Nude-Beach.jpg?fit=1200%2C800&amp;ssl=1&amp;resize=40%2C40\" alt=\"The 10 Best Nudist Beaches In Australia\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" data-src=\"https:\/\/i1.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/01\/Nude-Beach.jpg?fit=1200%2C800&amp;ssl=1&amp;resize=40%2C40\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"The 10 Best Nudist Beaches In Australia\" href=\"https:\/\/propertynoise.co.nz\/au\/the-10-best-nudist-beaches-in-australia\/\" data-bump-view=\"tp\">The 10 Best Nudist Beaches In Australia<\/a><\/div>\n<\/li>\n<\/ul>\n<p>The market saw a 7.1% annual rise this year, according to the latest data from Zoopla, with prices rising by an average of \u00a316,000.<\/p>\n<p>The total value of the UK housing market was up \u00a3670bn in 2021 alone, taking it to a total of \u00a39.5tn, while the average home now has a market value of \u00a3240,800 compared to \u00a3224,800 a year ago.<\/p>\n<p>There have been 1.5 million property transactions since 1 January, resulting in the highest number of sales since before the financial crisis, data showed.<\/p>\n<p>House prices in nearly every region of the UK have risen this year by more than in 2019 and 2020 combined.<\/p>\n<p>Here are a few factors that have driven the housing boom over the last 12 months:<\/p>\n<h2><strong>Stamp duty holiday<\/strong><\/h2>\n<p>The government\u2019s stamp duty holiday was a tax break designed to prop up the housing market, and help consumers as the economy contracted during the COVID-19 lockdowns.<\/p>\n<p>It was extended from 31 March 2021 to the end of June and once more, tapering from June to the end of September, as people rushed to market.<\/p>\n<p>Housebuyers could have cashed in on savings of up to \u00a315,000 if they bought at the right time this year.<\/p>\n<ul class=\"widgets-list-layout no-grav\">\n<li><a class=\"bump-view\" title=\"OnlyFans stars luxurious waterfront mansion | WATCH\" href=\"https:\/\/propertynoise.co.nz\/au\/onlyfans-stars-luxurious-waterfront-mansion-watch\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar ls-is-cached lazyloaded\" src=\"https:\/\/i1.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/12\/OnlyFans-stars.jpg?fit=634%2C792&amp;ssl=1&amp;resize=40%2C40\" alt=\"OnlyFans stars luxurious waterfront mansion | WATCH\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" data-src=\"https:\/\/i1.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/12\/OnlyFans-stars.jpg?fit=634%2C792&amp;ssl=1&amp;resize=40%2C40\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"OnlyFans stars luxurious waterfront mansion | WATCH\" href=\"https:\/\/propertynoise.co.nz\/au\/onlyfans-stars-luxurious-waterfront-mansion-watch\/\" data-bump-view=\"tp\">OnlyFans stars luxurious waterfront mansion | WATCH<\/a><\/div>\n<\/li>\n<li><a class=\"bump-view\" title=\"Wealthy banker swaps $5.3million mansion for a JAIL CELL\" href=\"https:\/\/propertynoise.co.nz\/au\/wealthy-banker-swaps-5-3million-mansion-for-a-jail-cell\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar ls-is-cached lazyloaded\" src=\"https:\/\/i0.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2021\/12\/Wealthy-banker-1.jpg?fit=634%2C634&amp;ssl=1&amp;resize=40%2C40\" alt=\"Wealthy banker swaps $5.3million mansion for a JAIL CELL\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" data-src=\"https:\/\/i0.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2021\/12\/Wealthy-banker-1.jpg?fit=634%2C634&amp;ssl=1&amp;resize=40%2C40\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"Wealthy banker swaps $5.3million mansion for a JAIL CELL\" href=\"https:\/\/propertynoise.co.nz\/au\/wealthy-banker-swaps-5-3million-mansion-for-a-jail-cell\/\" data-bump-view=\"tp\">Wealthy banker swaps $5.3million mansion for a JAIL CELL<\/a><\/div>\n<\/li>\n<\/ul>\n<p>The break caused a frenzy in the market, with many using it as an excuse to make long-awaited moves or buy for the first time. However, some said that with climbing house prices over the past year the discount was quickly priced in and that it &#8220;distorted&#8221; the market.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/nz.news.yahoo.com\/house-prices-uk-property-markets-housing-never-ending-boom-000142297.html\">YAHOO<\/a><\/p>\n<p>https:\/\/www.instagram.com\/p\/CXpELaHhYda\/?utm_source=ig_web_copy_link<\/p>\n<section id=\"top-posts-5\" class=\"widget widget_top-posts\">\n<h3 class=\"widget-title\"><span class=\"accent-typo\">MOST POPULAR<\/span><\/h3>\n<ul class=\"widgets-list-layout no-grav\">\n<li><a class=\"bump-view\" title=\"The 10 Best Nudist Beaches In Australia\" href=\"https:\/\/propertynoise.co.nz\/au\/the-10-best-nudist-beaches-in-australia\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar ls-is-cached lazyloaded\" src=\"https:\/\/i1.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/01\/Nude-Beach.jpg?fit=1200%2C800&amp;ssl=1&amp;resize=40%2C40\" alt=\"The 10 Best Nudist Beaches In Australia\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" data-src=\"https:\/\/i1.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/01\/Nude-Beach.jpg?fit=1200%2C800&amp;ssl=1&amp;resize=40%2C40\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"The 10 Best Nudist Beaches In Australia\" href=\"https:\/\/propertynoise.co.nz\/au\/the-10-best-nudist-beaches-in-australia\/\" data-bump-view=\"tp\">The 10 Best Nudist Beaches In Australia<\/a><\/div>\n<\/li>\n<li><a class=\"bump-view\" title=\"OnlyFans stars luxurious waterfront mansion | WATCH\" href=\"https:\/\/propertynoise.co.nz\/au\/onlyfans-stars-luxurious-waterfront-mansion-watch\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar ls-is-cached lazyloaded\" src=\"https:\/\/i1.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/12\/OnlyFans-stars.jpg?fit=634%2C792&amp;ssl=1&amp;resize=40%2C40\" alt=\"OnlyFans stars luxurious waterfront mansion | WATCH\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" data-src=\"https:\/\/i1.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/12\/OnlyFans-stars.jpg?fit=634%2C792&amp;ssl=1&amp;resize=40%2C40\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"OnlyFans stars luxurious waterfront mansion | WATCH\" href=\"https:\/\/propertynoise.co.nz\/au\/onlyfans-stars-luxurious-waterfront-mansion-watch\/\" data-bump-view=\"tp\">OnlyFans stars luxurious waterfront mansion | WATCH<\/a><\/div>\n<\/li>\n<li><a class=\"bump-view\" title=\"Wealthy banker swaps $5.3million mansion for a JAIL CELL\" href=\"https:\/\/propertynoise.co.nz\/au\/wealthy-banker-swaps-5-3million-mansion-for-a-jail-cell\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar ls-is-cached lazyloaded\" src=\"https:\/\/i0.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2021\/12\/Wealthy-banker-1.jpg?fit=634%2C634&amp;ssl=1&amp;resize=40%2C40\" alt=\"Wealthy banker swaps $5.3million mansion for a JAIL CELL\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" data-src=\"https:\/\/i0.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2021\/12\/Wealthy-banker-1.jpg?fit=634%2C634&amp;ssl=1&amp;resize=40%2C40\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"Wealthy banker swaps $5.3million mansion for a JAIL CELL\" href=\"https:\/\/propertynoise.co.nz\/au\/wealthy-banker-swaps-5-3million-mansion-for-a-jail-cell\/\" data-bump-view=\"tp\">Wealthy banker swaps $5.3million mansion for a JAIL CELL<\/a><\/div>\n<\/li>\n<li><a class=\"bump-view\" title=\"\u2018The biggest deck on the Mornington Peninsula\u2019\" href=\"https:\/\/propertynoise.co.nz\/au\/the-biggest-deck-on-the-mornington-peninsula\/\" data-bump-view=\"tp\"><img loading=\"lazy\" decoding=\"async\" class=\"widgets-list-layout-blavatar ls-is-cached lazyloaded\" src=\"https:\/\/i2.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2019\/04\/Nikki-Osborne.jpg?fit=1065%2C739&amp;ssl=1&amp;resize=40%2C40\" alt=\"\u2018The biggest deck on the Mornington Peninsula\u2019\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" data-src=\"https:\/\/i2.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2019\/04\/Nikki-Osborne.jpg?fit=1065%2C739&amp;ssl=1&amp;resize=40%2C40\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"\u2018The biggest deck on the Mornington Peninsula\u2019\" href=\"https:\/\/propertynoise.co.nz\/au\/the-biggest-deck-on-the-mornington-peninsula\/\" data-bump-view=\"tp\">\u2018The biggest deck on the Mornington Peninsula\u2019<\/a><\/div>\n<\/li>\n<li><a class=\"bump-view\" title=\"A swim you'll never forget: The 'enchanted' fairy pool\" 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class=\"bump-view\" title=\"NOTHING TO BE PROUD OF: Australia makes top 5 for global house price growth\" href=\"https:\/\/propertynoise.co.nz\/au\/nothing-to-be-proud-of-australia-makes-top-5-for-global-house-price-growth\/\" data-bump-view=\"tp\"><img loading=\"lazy\" decoding=\"async\" class=\"widgets-list-layout-blavatar ls-is-cached lazyloaded\" src=\"https:\/\/i0.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2021\/12\/Australia.webp?fit=830%2C484&amp;ssl=1&amp;resize=40%2C40\" alt=\"NOTHING TO BE PROUD OF: Australia makes top 5 for global house price growth\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" data-src=\"https:\/\/i0.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2021\/12\/Australia.webp?fit=830%2C484&amp;ssl=1&amp;resize=40%2C40\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"NOTHING TO BE PROUD OF: Australia makes top 5 for global house price growth\" 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class=\"bump-view\" title=\"Inside a rich-list family's bitter legal fight over a $2.4MILLION waterside mansion\" href=\"https:\/\/propertynoise.co.nz\/au\/inside-a-rich-list-familys-bitter-legal-fight-over-a-2-4million-waterside-mansion\/\" data-bump-view=\"tp\" aria-current=\"page\"><img loading=\"lazy\" decoding=\"async\" class=\"widgets-list-layout-blavatar ls-is-cached lazyloaded\" src=\"https:\/\/i2.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2021\/12\/Ruby-Bay.jpg?fit=634%2C376&amp;ssl=1&amp;resize=40%2C40\" alt=\"Inside a rich-list family's bitter legal fight over a $2.4MILLION waterside mansion\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" data-src=\"https:\/\/i2.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2021\/12\/Ruby-Bay.jpg?fit=634%2C376&amp;ssl=1&amp;resize=40%2C40\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"Inside a rich-list family's bitter legal fight over a $2.4MILLION waterside mansion\" href=\"https:\/\/propertynoise.co.nz\/au\/inside-a-rich-list-familys-bitter-legal-fight-over-a-2-4million-waterside-mansion\/\" data-bump-view=\"tp\" aria-current=\"page\">Inside a rich-list family&#8217;s bitter legal fight over a $2.4MILLION waterside mansion<\/a><\/div>\n<\/li>\n<\/ul>\n<\/section>\n<section id=\"adswidget3-quick-adsense-reloaded-11\" class=\"widget quads-ad3_widget\">\n<div id=\"quads-ad3_widget\"><\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: The market saw a 7.1% annual rise this year,<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/house-prices-uk-property-markets-never-ending-boom\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":24763,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098579,478098510,478098514,478098511,478098705,478098533,478098828,478098509,478099377,478105261,478103772,478119246,478109418,478108334,478099982,478113565],"class_list":["entry","author-data123nz","post-36253","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-agents","tag-real-estate-news","tag-uk","tag-uk-estate-agents","tag-uk-housing-market","tag-uk-property-boom","tag-uk-property-market-2","tag-uk-real-estate","tag-uk-real-estate-market","tag-uk-real-estate-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>House Prices: UK property market&#039;s never ending boom - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/house-prices-uk-property-markets-never-ending-boom\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"House Prices: UK property market&#039;s never ending boom - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"PHOTO: The market saw a 7.1% annual rise this year,Read More &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/propertynoise.co.nz\/au\/house-prices-uk-property-markets-never-ending-boom\/\" \/>\n<meta property=\"og:site_name\" content=\"Property News Australia\" 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\/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/house-prices-uk-property-markets-never-ending-boom\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/house-prices-uk-property-markets-never-ending-boom\\\/\"},\"author\":{\"name\":\"Property Noise Group\",\"@id\":\"https:\\\/\\\/propertynoise.co.nz\\\/au\\\/#\\\/schema\\\/person\\\/175c8981af50e593000aa8ad7aab9d84\"},\"headline\":\"House Prices: UK property market&#8217;s never ending 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