House prices fin­ish year un­changed

Yorkshire Post - Property - - PROPERTY -

AV­ER­AGE house val­ues fin­ished last year un­changed at £221,331, down £854 (0.23 per cent) from the start of the year. But the North-south di­vide con­tin­ued to widen, ac­cord­ing to prop­erty por­tal Zoopla.

Scot­land out­per­formed the rest of Bri­tain in 2011, record­ing an av­er­age in­crease of 6.73 per cent. Av­er­age home val­ues fell across Eng­land by 0.75 per cent (£1,719) and fin­ished the year at £228,926, while the av­er­age prop­erty in Wales is now worth £153,826, down £172 (0.11 per cent).

Ni­cholas Leem­ing, di­rec­tor of Zoopla, said: “Lon­don­ers con­tinue to see the mar­ket go from strength to strength, with high de­mand for a lim­ited num­ber of prop­er­ties boost­ing house prices.”

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