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Average price tag on a home in Britain has topped £350,000, says Rightmove
The average price tag on a home in Britain has topped £350,000 for the first time, according to website Rightmove. Sellers were typically asking £354,564 for a property in March – 1.7% or £5,760 more than in February – the website revealed. It is the biggest monthly increase seen at this time of year since March 2004. The average price of a “top of the property ladder” home with at least four bedrooms increased by 3.8% or £23,619 this month, reaching £647,112. Rightmove said asking prices generally are 10.4% higher than a year ago – the highest figure it has recorded in any month since June 2014. ... (full story)