House prices 2018 - local and national picture

House prices in 2018 are set to rise by up to 3%, according to the latest Halifax house price index.

The bank reported that the rate of increases in prices slowed in 2017 although the overall increase for the last three months of the years was 2.7% up compared with the same period in 2016.

According to the Halifax, the average house price nationally is £225,021. As mentioned previously, the Halifax index is one of several indices published on a regular basis, each with its own criteria.

What is important to remember is that local house prices will vary from national averages – and even locally they will differ depending on the area, supply and type of houses available or on the market.

This is where local knowledge, years of experience and unrivalled expertise are so important to realise the best price for your home or find the right property for you.

Contact us to find out more how we can help on 023 9282 6731 or email info@chinneckshaw.co.uk. (Picture: Pixabay)