The typical landlord sold their buy-to-let property for £82,450 more than they paid for it in 2020, resulting in an average value increase of 42%, thanks to a recent surge in house prices, according to the latest research from estate agent, Hamptons International.
The data highlights that landlords benefited from an increase of £3,390 or 4%, compared to the average gain of £79,060 against 2019. The increase in house prices in the past year has had a significant impact on these figures, with the average cost of a home up around £15,000 according to a number of monthly indexes.
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