The UK Housing Market
Key Information
Key Takeaways
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Prior to and between 1981​ to 2003, average residential property prices have increased significantly. Using averages, should a property have been purchased in April 1981 and sold in April 2023, this is representative of a 1,120% price increase. This does not include any income generate in rental income.
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Over a 42 year period (1981-2003), the annual rate of average property price growth is 6.61%.
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During the period in Table 1, as time of negative growth which align with periods of correction and recession, trends suggest periods of higher than average growth followed by periods of lower than average growth.
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The Yes2Yes Property Group specialise in being able to outperform average market performance regardless of the time period in relation to property cycles.