LETTING & ESTATE AGENT

House prices up 6.1 per cent in a year, say government figures

House prices up 6.1 per cent in a year, say government figures

House prices rose by an average of 6.1 per cent in the year to September according to the Office for National Statistics.

That was higher than the annual figure recorded in August (5.5 per cent) and July (5.2 per cent) but is still much lower than a year ago, when prices were rising by over 12 per cent.

It brings the average UK house price to £286,000.

House prices in the east of England rose 8.4 per cent over the past year while the south east figure was 7.4 per cent. Prices rose 5.0 per cent in London, but a mere 1.1 per cent in both Wales and Scotland. 

In September, average house prices in four of the nine English regions hit record levels and the north east remains the only English area where average prices remain below their early-2008 pre-downturn peak, by some 2.4 per cent. 


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