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Stamp duty deadline prompted 4.5% June house price spike
Official Land Registry data reports annual inflation of 13.2%, highest for 17 years
UK house prices spiked 4.5% in June as sales rushed through to beat the stamp duty cut-off, driving annual house price inflation to 13.2% according to the latest official data.
The Land Registry figures for June, which record completed sales, show that the average price of a home in the UK hit £265,668 in the month, up 4.5% from May alone.
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