Coronavirus set to wipe £12,000 off value of average UK house by the end of summer – according to The Mirror.

The figures also suggest prices won’t stop falling when summer ends either, with an average value decline of 5.1% expected by the end of the year.

Anna Clare Harper, co-founder of property fund Anglo Residential, said: “Nationwide’s data is beginning to reflect the impact of lockdown measures on housing market practicalities.

“It highlights how lockdown is influencing housing priorities, with people wanting a garden, more indoor space and the right community.”

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