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The first December election since 1923

Published: 13/11/2019

Parliament has dissolved and electioneering will be in full swing up to polling day on December 12th, the first December election since 1923.

The price of a property has risen on average 3% annually since the last election in June 2017, a total rise of just over £13,000 (in the last 22 months to August 2019), equivalent to £500 per month.

This is half the level of average monthly price growth achieved between May 2015 and June 2017, prices here rocketing on average by a £1,000 per month in the 25 months between elections.

Of the last five elections, the lowest period of property price growth was during the Labour government between May 2005 and May 2010, a period rocked by the global financial crisis.

Are you trying to find a new place to live, call Willmotts for property advice or information with selling and or buying a home please email or call 020 8222 9958