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The Independent UK
The Independent UK
National
Ben Chapman

Average asking prices for UK properties soar to record high with 10% rise in last year

Rightmove United Kingdom Tim Bannister
PA

Average asking prices for UK properties have jumped £55,000 since the start of the pandemic, with no slowdown in the "frenetic" market despite the cost of living crisis, new figures show.

Rightmove said asking prices rose by £7,400 (2.1 per cent) between April and May, taking the average to a new record high of £367,501.

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