![Zoopla: UK house prices are 8% overvalued](https://www.estateagenttoday.co.uk/upload/images/Shutterstock-only%20images/Property%20Market/MortgageRatesIncrease_400x310.png)
28th June 2024
Zoopla: UK house prices are 8% overvalued
Average UK house prices are 8% overvalued but this figure could fall once mortgage rates hopefully drop, Zoopla claims. The portal’s latest House Price Index has analysed the extent to which actual house prices are higher or lower than an ‘affordable house price’ calculated from household incomes and mortgage rates. It takes the...