Thursday, 19 January 2017

Property Prices Up Almost 7% In 12 Months

Residential property prices in the UK increased by 6.7% in the 12 months to November 2016, according to the latest official data to be published. Prices were also up 1.1% month on month, taking the average price of a property to £217,928, the figures from the Office of National Statistics (ONS) shows. The main contribution to the increase in UK house prices came from England where prices increased by 7.2% over the year to an average of £234,000 and by 1% month on month. But in London prices increased by 8.1% to an average of £481,648 and were up 1.8% compared to October 2016. Read more on Property Wire.

No comments: