8th January 2016
The London borough of Newham enjoyed the biggest rise in house prices across the UK in 2015, according to the Halifax. The average house price there rose 22.2% over the year compared with 2014. Homes in Newham are now worth an average £319,522 against £261,399 previously. Wales fared far worse, with Merthyr Tydfil and Colwyn Bay topping the list of worst performing areas for 2015. A surprise inclusion in the worst performers was Kensington and Chelsea, the borough that includes the UK's most expensive and exclusive areas. Prices there rose just 1% to an average £807,407.
The Daily Telegraph (28/12/2015)