UK Business

What a £350,000 average house price means for first-time buyers in Great Britain

Written by Colin Jones, Professor of Real Estate, Heriot-Watt University

Aspiring home owners in Great Britain are facing increasingly unaffordable house prices.Alex Segre/Shutterstock

The average house price in Great Britain has risen above £350,000 for the first time, according to property website Rightmove. From 2021 to 2022, house prices in all regions and countries except London and Scotland rose by 10% and...

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