House Prices Up 8.5% in 2020 According To Official Figures, But How Long Will The Party Last?
The average prices of UK house climbed 8.5% in 2020, the highest yearly growth rate since October 2014, according to the official Land Registry data.
The average UK house price reached a record high of £252,000 in December 2020, the Office for National Statistics said.
The UK is made up of a number of distinct markets, some a world apart from London where average prices are just under £500,000.
The North West had the highest growth of 11.2%, while London rose just 3.5%.
The stamp duty holiday and buyers reassessing their housing preferences contributed to the rise, the ONS said.
The desire for more space during the pandemic saw the average price of detached properties rise by twice as much as flats and maisonettes during 2020, up by 10% and 5% respectively.
In Wales, where there has been a recent boom in second home purchases, enjoyed the fastest growth, with property values rising 10.7% to £184,000.
In England, prices climbed 8.5% to £269,000, in Scotland, 8.4% to £163,000 and in Northern Ireland 5.3% to £148,000.
There is speculation that the Stamp Duty holiday, due to end in March, will be extended for a further six weeks.
Avoid following the FOMO herd into highly priced property, stocks and Bitcoin.
As always, do your research, take financial advice, and buy right.
Will property prices crash in 2021?
Here’s the real secret…professional property investors make money from property whether the market is rising OR falling.
Just like professional share traders make money in a bull or bear market, property investors make money either way.
Here’s another secret…you make money when you buy a property, not in ten years when you hope it will have gone up in value.
Wise “value” investors, like Warren Buffett, do not follow the herd or buy something because the “market” says it worth a certain price. They buy at what they judge is the right value and wait patiently, sometime for years, until the price is right or they move on.
Warren is sitting on $180 BILLION in cash right now because he thinks the stock market is way over valued.
So, if you want to make money from property, learn from the professionals and learn how to buy right, in the right areas and for the right reason. You should take advantage of the many free webinars available for anyone who wants to invest in UK property.
Have you tried to start an online business, but were then let down by software and web developers, or just couldn’t get past a technical issue? I have!
It wasn’t until I discovered a new game-changing system that everything changed for me.
GrooveFunnels software helped me launch an online marketing business in hours, and changed my life forever…
First of all, it’s easy to use.
Secondly, it works.
But the real clincher was it was free to use and get started.
Yes, free Access to GrooveFunnels – the new best way to build better funnels and web pages that sell!
– Free for LIFE
– No games. No fine print.
– No credit card needed ever!
– $99/month value… Now free.
– Grab your account while you still can!
The world has changed so much recently.
And during these times, I am always excited whenever I find new solutions to help you.
I’m sure you’ve heard of software tools designed to help you build websites, sales pages and online funnels.
Because sales funnels are proven to be effective, any such tools could reasonably command high monthly fees to access.
Unfortunately, this could also be out of reach for many business owners and marketers who are on a budget, especially during uncertain times.
This is where GrooveFunnels comes in.
GrooveFunnels is the new, better way to build funnels and sell digital products online.
It’s not just one or two simple tools, or solely a “funnel builder,” either.
This is your complete digital products and services online sales system.
Co-founded by Mike Filsaime, one of the top Internet marketing experts in the world, GrooveFunnels is a suite of products that includes all the tools you need to run your online business.
They have built a complete, all-in-one platform with all the essential tools so you don’t need to worry about multiple subscriptions to a variety of services that would easily add up to thousands per month.
Finally, you can get instant access to practically everything you need to sell your products and services online.…
– Full product funnels
– Brand websites with full navigation
– Custom domain names
– 1-click upsell capabilities
– Upsells, downsells and order bumps
– The world’s most powerful affiliate program
– And so much more…
Yes, this is a game changer.
And right now, for a limited time only, you can get started for absolutely free.
No credit card. Lifetime access. Unlimited usage. Forever.
I’m not sure about you, but I will be switching my entire business over to GrooveFunnels.
Literally everything I need, and save thousands a month in the process.
You’ll have to see it to believe.
Take a closer look at it yourself, and pick up your free account while you’re there: