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  • Budget 2021 stamp duty extension and more Read latest advice

Stamp duty rises have far outstripped house prices, inflation, and earnings

Over the last decade and a half, stamp duty has increased by 7.1 times the rate of
inflation, 6.5 times average earnings, and 4.6 times average house prices. It is often
said that house prices have been rising at an unsustainably fast rate, but they are virtually static when compared to rocketing stamp duty.
Sources:
Office for National Statistics, Detailed CPI and RPI Reference Tables, 2012, Table 20
Office for National Statistics, Labour force survey, table EARN04
Land Registry, search via house price index, http://www.landregistry.gov.uk/public/house-prices-andsales/search-the-index

 
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