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The average house prices in the UK could hit £300,000 in the next three months, says Rightmove.
Figures confirmed that house prices increased by an average of 11.8% across the country.
One factor is shortage of homes for sale and some owners are unwilling to move for fear of not finding a new place.
A two month study has that revealed that potentially offensive street names such as Crotch Crescent have a negative effect on house prices.
Nationwide, the country’s second largest mortgage lender, has confirmed that UK house prices have picked up strongly.
The latest survey for Scotland claims that the imbalance between supply and demand caused prices to increase during October.
According to the Office for National Statistics, UK house price index stands at 185.8. This is higher than the previous peak of 185.5 in January 2008.
Factors essential in handling day to day expenses from bankruptcy
A surveyors’ group said that their proposal to limit house price increases to ensure stability in the cost of homes.
A new report has stated that house prices in the UK are rising at their fastest pace since pre-crisis peak.
Based on the new study, house prices have recorded their fastest growth in almost three years.
According to statistics, London and the South East are the main drivers of UK house price increase.
Based on a report, the average asking price for properties in the UK has increased by 10per cent in five months.
The 0.3per cent is the largest monthly increase in three years.
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Unexpectedly, house prices were slightly stronger in December; increasing by 1.3per cent.
House prices have been falling steadily for three years now, but recent studies...
Property prices in the UK have fallen by an average of more than 2,000 in the last two months, according to a new survey from online company Rightmove
House prices in England and Wales fell during July for the 13th month in a row, completing a full year of tumbling market conditions.
The gap between house prices in London and the rest of the UK is at its lowest level in almost eight years, new research has revealed.
