North-south di­vide in house prices

Yorkshire Post - Property - - PROPERTY -

AV­ER­AGE house prices in the UK rose by 1.4 per cent in the year to April 2012, ac­cord­ing to the Of­fice of Na­tional Sta­tis­tics. The av­er­age price was £229,000 in April, which is up 1.1 per cent on April 2011,

There was also a marked 5.1 per cent an­nual rise in the price of new homes, com­pared with the over­all 1.1 per cent rise for sec­ond­hand homes. The av­er­age price for a new dwelling in April this year was £216,000 and for a sec­ond­hand home £229,000.

Lon­don, the south west and south east per­formed well, re­veal­ing a North-South di­vide. House prices dropped by 1.3 per cent in both the North-West and York­shire.

In Wales, prices dropped by 1.1 per cent and in Scot­land by 0.3 per cent.

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