Average price rises across the region
Yorkshire house prices rose an average of 0.6 per cent in the first quarter of the year and have risen by 6.9 per cent over the last year, according to the Nationwide Index.
There was only one bleak spot and that was Bradford, where prices have not risen at all over the past year. The average rise across the country was 1.6 per cent quarterly and annually prices rose 8.8 per cent.
Martin Gahbauer, Nationwide’s chief economist, says: “The first quarter of 2010 saw continued house price growth across most UK regions and all regions saw an improvement in their annual rate of change. Greater London maintained its position as the best performing region.”