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Average house price increased by £19,000 in 2020

Flats also more expensive than in 2019

The average house price on the Isle of Man increased by almost £19,000 last year.

Figures published by the government show a house cost an average of £310,442 in 2020 - that's compared to £291,591 the year before.

It's a 6.5 per cent rise from 2019.

There was also a small rise to the cost of flats with properties selling for an average of £154,213 in 2020 - that's up almost £1,800.

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