Average home loses 0.2% of value in April

UK house prices remained static last month with the average house losing 0.2% of its value according to new figures out this week. Statistics revealed by Nationwide Building Society show that houses prices have remained fairly static over the last 6 months, with prices rising in 3 months and falling in 3 months respectively. The figures also show that at £165,609, the average UK house now costs around 1.3% less than this time last year.