Jan
12

THE AREAS WHERE HOUSE PRICES ROSE FASTEST IN 2017

uk house priceHomeowners in the East Midlands and Wales saw the value of their properties rise faster than anywhere else in the UK last year, according to the UK’s largest mortgage lender.

Both areas saw prices rise by 8% during 2017, the Halifax said.

Strong price gains were also seen in the West Midlands, where prices went up by 5%, and the South West, with a rise of 4.9%.

Prices in London rose by just 1%, the slowest increase for six years.

Scotland saw a small fall of 0.2%, while values in Northern Ireland fell by 5.6%.

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