Average price up £12k a year, ONS says

16th June 2017

The typical home in the UK cost £220,100 in April, a rise of £3,500 on the previous month and a £12,000 increase from the same month a year ago, according to the ONS. Average house prices in the UK increased by 5.6% in the year to April, accelerating from 4.5% in the year to March. Across the nations, Scotland saw the biggest climb, with values up 6.8% over the year to an average of £146,000. In England, prices are up 5.7% to £237,000, Northern Ireland by 4.3% to £124,000 and Wales by 4.2% to £148,000. The best performing region was the east of England, where prices rose 8.1% on the year, with the south west and east Midlands also performing well with growth of 6.8% and 6.5%, respectively. London saw prices up 4.7% in the 12 months to April.

The Independent (13/06/2017)