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House prices have been picking up across the country but with some areas doing significantly better than others, according to the latest report from Nationwide.
UK Fact File
Average UK House Price £174,444
Annual percentage change 7.1%
Quarterly change* 2.7%
Most expensive region London
Least expensive region N Ireland
Strongest annual price change London
Weakest annual price change North
* Seasonally adjusted
(Note that quarterly % changes in house price growth are revised when seasonal adjustment factors are re-estimated)
Best performing house prices by regional towns / cities
Rank Town / City Annual % change Average Price
- Manchester 21% £209,627
- London* 13% £385,741
- Brighton 12% £348,918
- Leicester 11% £168,778
- Birmingham 10% £151,793
Worst performing house prices by regional towns / cities
Rank Town / City Annual % change Average Price
- Carlisle 1% £136,128
- Edinburgh 1% £235,907
- Newcastle 2% £169,395
- Glasgow 2% £157,364
- Coventry 2% £170,243
* This figure is on a different basis to the London regional index to enable a direct comparison with other towns and cities
Post courtesy of Nationwide Building Society