House prices have been on the rise for many years, but in the last six months alone, the cost of buying a home has soared across the UK. According to Rightmove, the average price of a property coming onto the market in July was £369,968, which is the sixth consecutive record high.
It is no secret that although house prices are climbing in Greater Manchester, London has always been and continues to be one of the most expensive places to live in the UK. Regardless of the borough or area where you buy, homes in the capital are constantly going up in value.
One woman who bought a property in the town of Walthamstow in London around 30 years ago now says that her home is worth a whopping six figure sum. Wendy, 70, initially bought her home for her and her daughter for £70,000 but it has gone up by a huge amount since then.
