Monday, 28 September 2015

North/South house price divide

House prices in the South of England and East Anglia are pulling away from the rest of England and Wales again, according to the latest figures from the Land Registry.

Price increases are being driven forwards by London again, up 6.6 per cent year on year, the South East, up 7.6 per cent, and East Anglia, up 8.4 per cent.

But in the North West and the North East, along with Wales, prices were less than 1 per cent higher over the 12 months to August.

Prices actually fell in the North West, Yorkshire and the Humber and the East Midlands between July and August.

Previous figures from the Registers of Scotland showed that Scottish house prices were 3.5 per cent higher than a year before.

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