The average house price in the UK increased by 10.9% in February 2022 compared to last year’s figures.
The latest UK House Price Index, released today by the Office for National Statistics (ONS), shows that the average UK house price was £277,000 in February 2022, which is £27,000 higher than this time last year.
The 10.9% jump is also higher than the 0.2% rise in January.
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