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House Prices Up 8.5% in 2020 According To Official Figures, But How Long Will The Party Last?

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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 property webinars available for anyone who wants to invest in UK property.

 Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution? 

As the UK is in the midst of coming out of the lockdown (hopefully soon!), this next transition could be the most important of your property investing career: It's not just a change, it's a REVOLUTION.

We know you will be full of uncertainty and confusion in most things right now, but we want you to know that property does not need to be a stress or a burden.

How can you slice through the white noise of everyone else and build relationships with estate agents and secure the deals you want?

These next few months could set you up for life if you are educated and knowledgeable in how to leverage it. This small window of opportunity won’t be around forever.

We are constantly monitoring the ever-evolving property industry, we are going to show you how to get better deals than everyone else. When £10,000’s is on the line, it’s no time to take it slow.

With many people struggling to know if property is the right industry to be in or to even get into, others may be wondering where to go now on their property path...

That’s why, the UK’s #1 property education company is taking leadership of the situation and equipping you to realise that this may be a change, but it's an even bigger opportunity. 

Claim your place now!

Here is what they are offering in this free exclusive online summit:

They will cover:

  • What you need to know, do & avoid urgently during these unprecedented times in the property industry
  • How to Absolutely maximise the next 90 days & take the (hidden) opportunities
  • An exclusive mindset session to help you be first and fastest and strongest as the lockdown lifts
  • The upcoming summer strategy for 2021 - Serviced Accommodation
  • The property strategies that are working NOW that most of the world have not yet figured out
  • Where & how to invest in the new property climate & make 2021 your best year
  • NEW cashflow strategies

Don't wait, claim your place now!

Could 2021 make you a property millionaire?

Click the link to reserve your place: 

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