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Archive news can be found at the bottom of the page Nationwide Building Society Quarterly Regional House Price Report - October 2007
UK Regional House Price Growth Sags in the Middle
- Weakest annual house price growth recorded in the Midlands
- Strong performance in London continues to widen the North-South gap
- Average house price in London breaks ?300,000 barrier
- House price forecasts remain on track in most UK regions
- London first-time buyers won't benefit FROM ?250,000 stamp duty threshold
UK fact file
- Average house price: ?184,131
- Annual percentage increase: 9.3%
- Quarterly change (seasonally adjusted): 1.6%
- Most expensive region: London
- Least expensive region: North
- Region WITH strongest price growth: Northern Ireland
- Region WITH weakest price growth: West Midlands
| Quarterly index - Headlines | Q3 2007 | Q2 2007 |
| Average price | ?184,131 | ?181,810
| | Annual change % | 9.3% | 10.2% | |
| Quarterly change % * | 1.6% | 1.9% |
* seasonally adjusted
Major Towns AND Cities
5 hottest regional towns/cities
| Rank | Town / City | Annual % Change | Average Price |
| 1 | Belfast | 50% | ?312,637 |
| 2 | Aberdeen | 35% | ?236,220 |
| 3 | Sheffield | 17% | ?201,959 |
| 4 | Bristol | 17% | ?246,469 |
| 5 | Reading | 15% | ?256,458 |
FOR further information please see this MONTH's full report
04th Oct 2007by: Editor
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