Buying a home in the UK will set you back £235,000 on average, according to the latest figures published this morning by the Office for National Statistics (ONS).
“But hold on a minute,” I hear the news-hounds among you say. “Yesterday I read that it was much higher than that.”
And indeed you may have. The website Rightmove grabbed a load of column inches itself on Monday after saying that the typical British home is now valued at £262,594.
About 10 days earlier, meanwhile, Halifax claimed that the average home costs £178,249. And that was just a couple of days after Nationwide, which produces one of the most closely-watched surveys, said that an average house costs £180,264.
Meanwhile at the end of last month, the Land Registry released its most up-to-date numbers showing an average house price of £170,000.
So what’s going on? Is it £170,000 or even higher than £260,000? That’s some difference.
Read the full story via How much does a house in the UK really cost? | City A.M..