16/10/2019
Did you know the average price of a house in the UK increased by 1.3 per cent to £234,853 over the year in August.
Prices rose by 0.8 per cent from the previous month, according to the Office of National Statistics’s House Price Index, compared with a rise of 0.3 per cent during the same period a year earlier.
However, on a regional basis London saw the slowest growth as prices dropped 1.4 per cent. Only the South East also saw prices fall over the year.
At the country level, the largest annual price growth was recorded in Wales, increasing by 4.5 per cent to £168,318, while Scotland saw house prices increase by 1.6 per cent to £154,549.
The slowest annual growth was in England where prices increased by 1.1 per cent to £251,233.