Lowest annual house price rise for 14 months

5th June 2015

The latest official figures show that the average house price grew 0.9% between March and April to reach £179,817 in England and Wales.In the last year, this represents growth of 5.1%, the lowest annual rise in 14 months, according to the Land Registry data.As a region, London experienced the greatest increase in property values over the last 12 months with prices up 10.9% on average.The North East is the only region to see prices fall in the last year, with prices decreasing by 0.6%.
Financial Times (02/06/2015)