Despite a small drop this month, house prices in the UK were recorded at an all-time high of £369,968 in July according to Rightmove. So far this year, there have been six consecutive rises, with buyer demand 26 per cent higher than it was at the same time in 2019.
In Greater Manchester, each of the region’s 10 boroughs have seen a significant house price growth in the last two years, but some areas have increased more than others.
One of the region’s postcodes has seen the value of homes rise by an eye-watering £102 a day since the start of lockdown.
Real Estate Credit Investments Limited (LON:RECI) is a closed-ended investment company which originates and invests in real estate debt secured by commercial or residential properties in Western Europe, focusing primarily on the United Kingdom, France and Germany.