3
Oct
Houses for sale in the UK have risen in price, report shows .
price, report shows
The value of houses for sale in the UK has risen since July 2010, a
recent report has revealed.
According to data published in the Land Registry's House Price
Index, properties for sale in Britain rose by 0.3 per cent in value
from July to August.
It also revealed that year-on-year growth was 6.7 per cent, with
all regions in England and Wales having experienced increases in
house values since August 2009.
The area which demonstrated the biggest jump in costs over the
last 12 months was London, with average property values rising by
11.4 per cent.
However, the north-east experienced the smallest climb in price
at 1.6 per cent, encouraging people thinking about purchasing a
house for sale in the UK to look north for their next property.
Recent figures from Zoopla.co.uk support these findings, after
it reported earlier this week that the average price of a house in
London is £413,350 compared with North Lincolnshire where it
is £124,921.