House prices flat out­side London

Yorkshire Post - Property - - PROPERTY -

THE av­er­age house price slipped 0.2 per cent in Jan­uary, to stand at £162,228, ac­cord­ing to Na­tion­wide.

Robert Gar­diner, Na­tion­wide’s chief econ­o­mist, ex­pects house prices to stag­nate or fall slightly in the com­ing months.

Mean­while, ac­cord­ing to the lat­est Land Reg­istry data, prices stayed flat in De­cem­ber, to bring the an­nual fall across Eng­land and Wales to 1.3 per cent.

London was the only re­gion where house prices went up, by 2.8 per cent, while prices in the North-east fell 7.1 per cent last year to end up at £99,464. In the West Mid­lands and York­shire & Hum­ber regions, the an­nual drop was 3.2 per cent, and in the North­West 3.4 per cent. House prices in Wales fell three per cent.

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