House prices have risen 10% in this last year according to the Office of National Statistics(ONS), but experts disagree on whether the current market bubble will burst or not…

The average house now costs £254,624, the ONS says, with this annual growth driven by the stamp duty holiday (which ends end of September) and a desire for larger homes and outdoor space. 

The ONS data follows Halifax's house price index last week which revealed a 0.5% drop in house prices in June. But the lender also warned this dip should be put into context, with average prices more than £21,000 higher than in 2020.

Here at BOP, we have sold 665 properties collectively this year and achieved 98.7% of the asking price, with a 10-15% growth in house prices across Devon and Cornwall. Our house prices continue to stay at an all-time high and on average are selling within 7 days at the asking price or above.

So is now a good time to move?

BOP Partner, Mark Clements has over 15 years of experience and has shared his thoughts on this million-dollar question in our latest VLOG here. 

We confidently believe it’s a perfect time to see how much your house is worth, and with less competition out there why not seize this opportunity and book your valuation today and let’s just see where it takes you...