Housing boom splits country
Thu 05 Sep 2013
House price are now rising at the fastest rate since 2006 but the north/south price divide continues to widen, new figues from the Office for national Statistics show.
In England the average price was listed at 251,000, 162,000 was listed in Wales and 130,000 in Northern Ireland and 181,000 in Scotland.
Within England, London saw the highest average house price at 425,000 - an eight per cent rise on last year - while the north-east saw the lowest average 145,000.
Peter Rollings, CEO of Marsh & Parsons, said: Government initiatives such as Funding for Lending and Help to Buy are fuelling the fire and creating strong demand both from home and abroad."