Liverpool Property News
Dataloft Days of Christmas Part 4
As the story goes, one of the wise men gave the gift of gold but gifting a home might have been more financially prudent.
The average price of a house in the UK is currently £294,559, this is a 73% increase in value compared to 10 years ago (£170,295). In comparison, the value of gold has risen by 37% over the same period.
While price correction is anticipated in the property market over the course of 2023 and 2024, the Office for Budget Responsibility anticipate price growth will return from 2025. Source: Dataloft, UK HPI, LBMA (September 2012 to September 2022)
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About The Blog
This Blog looks at what is happening in Liverpool, the property market, events and community news along with investment ideas and tips for those loosing to invest in the area.
Gill Bell - Editor
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