Nationwide says value of typical property increased by £29,162 in a year and now stands at £260,230
The average British house price has topped £260,000 for the first time, according to the UK’s biggest building society, after soaring by almost £30,000 over the past 12 months.
Nationwide said the typical property value reached £260,230 in February – £29,162 higher than a year earlier – the biggest annual increase in cash terms that its monthly index has recorded in more than 30 years of its existence.
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