20/05/2014

Rise In UK House Prices

Property values have risen by 8% in a year to March, according to the figures of the Office for National Statistics (ONS).

The annual increase is slow compared to a 9.2% year-on-year price rise to the end of February, however according to ONS figures the price increase in London was 17% excluding the capital and in the South East of England, prices rose by 4.7%.

The prices in Northern Ireland increased by 0.3% and 0.8% in Scotland. In the East of England property prices were up by 6.6% annually, and 6.1% in the South East of England.

(CVS/CD)

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