Rural house prices in Great Britain increased 22% over 5 years, outpacing urban areas' 17% rise.

Rural house prices in Great Britain have grown 22% over the last five years, surpassing urban areas' 17% increase, according to Nationwide Building Society. The average price rise in predominantly rural local authorities was 22%, compared to 17% in urban areas. Urban flats were the weakest performers over the period, while some rural areas saw price growth driven by demand for holiday and second homes.

May 26, 2024
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