Average house price reaches record level

Average house price reaches record levelNew figures show that the average price of a home has risen to record levels. Figures from the Nationwide Building Society released today, show that the average home in the UK is now worth £195,621; the highest level ever recorded by the building society. Last month the UK’s largest mortgage lender, the Halifax, reported that the average property price in the UK was now £200,280. Slowing growth The Nationwide figures also showed that property prices rose by 0.4% in July following a fall of 0.2% in June. However, the figures ...

Nationwide House Price Index: Steepest rise for three years

Nationwide Building SocietyThe latest figures from the Nationwide House Price Index show a sharp jump in house prices over the past 12 months. According to the UK’s largest building society, house prices rose in July by 0.8%, with the London market again leading the way. Over the past 12 months, the Nationwide reported prices have risen by an average of 3.9% across the UK; the fastest rate of growth since August 2013....

Nationwide House Price Index: House prices rise again

Nationwide Building SocietyHouse prices rose in June according to the UK’s largest building society. The latest figures from the Nationwide show house prices in the UK rose by 0.3% in June, taking the value of the average home to £168,941. The research also shows house prices have risen by 1.9% during the last 12 months; the fastest rate of growth in over three years....

Nationwide House Price Index: Small house price rise in May

Nationwide Building SocietyThe Nationwide has reported a small rise in house prices during May and also over the past 12 months. According to the Nationwide’s House Price Index, the value of the average home rose by 0.4% in May and was up 1.1% on the same time last year. The UK’s largest building society also revealed the average house price in the UK now stands at £167,912; higher than the other two major house price surveys from the Halifax and the Land ...