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Evening Standard
Evening Standard
Business
Mark Banham

Third of homeowners gained £50k in property value during pandemic

Property owners in London have seen substantial property price rises during pandemic

(Picture: Daniel Lynch)

A third of homeowners have made more than £50,000 on their property during the duration of the coronavirus pandemic, according to online property platform Zoopla.

The value of UK homes combined has also passed the £10 trillion mark for the first time, based on the value of Britain’s 29.5 million homes adding nearly a 15% increase in value of £1.3 trillion during the pandemic.

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