Whether you’re an entrepreneur or dream of a startup, liquidating assets can provide an injection of cash. With this in mind, a 6.4% increase in average house prices may look attractive. Let’s breakdown this increase and how to capitalise on it.
House Prices Have Sharply Increased
Recent figures show that the average price of a UK house increased 6.4% to £271,000 in the year ending March 2025. This is up from the 5.5% annual growth rate shown one month prior.
During the 12 months to March 2025, house prices in Northern Ireland saw the sharpest increase, the sharpest increase, the average house price rising 9.5% to £185,037.
This is followed by England, which saw a 6.7% growth in average price to £296,000. Scotland and Wales also experienced an increase in average house price over the same period. Scottish houses grew 4.6% to £186,000, whilst the average Welsh house is £208,000, showing a 3.6% increase.
Of course, not all regions within the UK will have experienced the same increase. For example, London saw the lowest growth rate over this period at 0.7%. On the other hand, the North East of England saw the largest price jump, with a 14.3% growth in average house price.
Why Are House Prices Rise Trends Creating New Opportunities for Entrepreneurs?
Considerations In A Subdued Market
The increase in house prices can largely be accredited to a combination of the highest UK inflation rate we’ve seen in 15 months, as well as the surge in house purchases due to the stamp duty holiday in England and Northern Ireland ending in April. In addition, mortgage rates are unlikely to come down any time soon.
Whilst some interpret the figures as being indicative of a new growth phase for the UK property market, others are warning agents, buyers, and lenders alike to not get too excited. This is because the overall property market remains pretty subdued.
Due to rising costs of houses, as well as rent increases and general inflation, one study found that 51% of people worry they won’t ever get on the property ladder as they won’t be able to afford it. This then begs whether houses will actually sell at the new level.
Are You Ready to Sell?
If you’re already exploring a house move, with swift action whilst prices are up, you may be able to take advantage of this increase. And proceeding with selling your home may have the added benefit of releasing some capital that can help fund your startup.
With this in mind, one efficient way to ensure a sale might be to consider online estate agents in the UK that offer a fully-managed house selling service. Unique from traditional estate agents, you can get instant valuations or free cash offers within a short time.
Indeed, if you accept the offer, the sale can go through in your own timeframe, which could be as little as 7 days, with no hidden fees, allowing you to capitalise on the house price increase to liquidate capital quickly and easily.
Overall, this sharp increase in average house prices may look attractive to people who need to liquidate assets or require an investment of funds. However, there are other things to consider in the market, requiring research into options that can help you capitalise on this increase more efficiently.
