At such a critical moment in US history ... the average gross profit made by sellers in 2024 was £10,830 lower than 2023 and down from a peak of £112,930 in 2022 when strong house price growth ...

The nation's biggest mortgage lender said that UK house prices ended 2024 with a 3.3% annual increase. The average house price has now risen to £297,166, compared to £287,535 at this time last year.