News: UK property prices rose by 0.4% in the final months of 2011, government data shows

Thu, 16 Feb 12

Average house prices in the UK increased by 0.4% in the final quarter of last year, according to the latest figures published by the Department for Communities and Local Government.

The data also shows that they also increased by 0.4% in December month on month, taking the average mix-adjusted UK house price to £205,269.

But the figures reveal that property prices vary enormously on a regional basis. Average prices decreased by 1.6% in Wales, fell by 4.6% in Scotland and dropped 8.1% in Northern Ireland. However, there was an increase of 0.5% in average house prices in England.

Source: PropertyCommunity.com

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