According to national statistics, the average price for a property in the region is close to £47,500 more expensive than in the summer of 2020, after COVID-19 market lockdown, writes Benwell Daykin. During the same period, the threshold for a prime market property in the region has risen by £60,000. Except for the Stamp Duty holiday fuelled markets in 2021, the first half of 2022 proved the busiest since 2016, with over 100,000 homes changing hands each month. This activity pushed revenue from property taxation over the period to more than…
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