What’s the average house price in the UK?

In spite of the global COVID-19 pandemic, the housing market has performed strongly over the last 18 months.

That’s great news for those looking to sell but puts financial pressure on those hoping to buy their first home or to move up the ladder. Homeowners who are planning to sell obviously hope prices will continue to increase. They have been doing exactly this for the last four months in a row, resulting in a new record last month, with the average UK house price achieving a massive £270,000. However, borrowing costs are likely to increase in the months ahead, which could affect demand for properties. So if you have been thinking about putting your house on the market, now is a good time to do this, before interest rates rise.

If you’re interested to know what £270,000 can get you in Solihull, have a look below.
Maybe you fancy a three-bedroom semi-detached in Solihull with an extended kitchen and private garden?

https://www.smart-homes.co.uk/details/property/27749-a-three-bedroom-semi-detached-property-in-wellsford-avenue-solihull

Or how about a brand-new two-bedroom apartment in central Solihull with a high-quality spec and within walking distance to Solihull train station?

https://www.smart-homes.co.uk/details/property/27370-2-bed-apartment-in-broadoaks-streetsbrook-road-solihull

However, not everyone has that much to spend. If you can’t stretch to that but can raise £200,000 how about this lovely two bedroom first floor apartment in Dickens Heath?

https://www.smart-homes.co.uk/details/property/23778-a-modern-two-bedroom-first-floor-apartment-in-sissinghurst-court-dickens-heath

And if you are one of the lucky ones who has a lot more budget to play with then check out this stunning four bedroom home in Tidbury Green. It features a private sunken terrace and stunning views.

https://www.smart-homes.co.uk/details/property/27793-a-four-bedroom-detached-property-in-lake-drive-tidbury-green


To arrange a viewing on any of our properties, or to discuss your requirements, please get in touch with smarthomes on 0121 744 4144.


Article source: https://www.theguardian.com/money/2021/nov/05/house-prices-hit-record-high-as-halifax-predicts-cooling-uk-demand