MAPPED: Britain’s house price hot spots were values are growing fastest


house pricesGETTY

Blood prices are rising fastest outside London

Despite Brexit forebodings mongers claiming leaving the European Union would hit house valuations, in reality figures show a different picture.

Monthly values uptight up 0.3 per cent in June in the East of England, giving the region the tipsiest annual growth at six per cent, according to the Your Move England and Wales clue.

In London prices rises fell 0.5 per cent in June, compelling annual growth to 3.4 per cent.

house prices July 2017Your Budge

Average house prices mapped

In stark contrast to recent years, tracts seeing faster annual increases in values include the North West at 3.8 per cent, West Midlands at 4.9 per cent and East Midlands at 4.7 per cent.

Manner, price growth is lagging in the North East at 1.4 per cent, Wales at two per cent and Yorks and Humber at 2.6 per cent.

The typical house price in England and Wales now stands at £301,114, according to Your Advocate.

Three consecutive months of falls means values are an average £2,358 not enough than a peak in March.

Oliver Blake, managing director of Your Move and Reeds Teems estate agents, said: “We’ve seen three months of falls, but it’s far too untimely to panic.

«Mortgage rates are still affordable and the slow down we eat seen will already have helped some buyers struggling with affordability.

“We’re but seeing strong growth in the East and in prime London.

«We’re also considering a return to the North-South divide in terms of price growth.

«In many scope, it feels like we’ve been here before.”

Leave a Reply

Your email address will not be published. Required fields are marked *