Average price tag on a home is now a third of a million pounds

There are record prices for newly-marketed properties in all regions and countries of Britain except London

The average price tag on a home in Britain has reached one third of a million pounds, according to a property website.

Rightmove say that house sellers were typically asking for a record £333,564 in May.

The average asking price has jumped by £5,767, or 1.8%, since the previous all-time high recorded in April.

Rightmove say that demand continues to massively exceed supply, particularly in northern regions.

Published: 17/05/2021 by Radio NewsHub