WHERE ARE HOUSE PRICES RISING THE FASTEST?

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House prices are rising the fastest in the East Midlands, increasing by 6.5% in the year to August, according to official statistics.

Wales also showed a significant rise – up by 6.2% over the same period, according to the Office for National Statistics (ONS).

However, a “sustained slowdown” in the south and east of England has pulled back house price growth across the UK.

On average, the typical UK home has risen in value by 3.2% over the year.

This meant the average UK property cost £233,000, according to the ONS.

Prices fell 0.2% in London during the same period, making it the only English region to record a fall.

Richard Snook, a senior economist at PwC, said: “The London market has been flat over this period with Brexit-related uncertainty undoubtedly affecting the confidence of buyers and sellers alike.”

In Scotland, the average price increased by 4.1% over the year to £153,000. The average price in Northern Ireland rose by 4.4% to £133,000.

A recent report by the UK’s biggest mortgage lender, the Halifax, said that fewer homes had been on the market in 2018 than in any year of the past decade.

House-hunters have been left with relatively little choice, which means that prices have still risen as a result.

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Eclipse stands on St James Street, just 1km from Liverpool city center and the central docks. The pubs, clubs, restaurants, cafes, and markets that characterize the Baltic Triangle are all within easy walking distance, as are most of the city’s biggest employers: the universities, NHS hospitals, and financial centers. This investment offers our investors the perfect opportunity to own a title deed apartment in the heart of Liverpool where you will see both solid returns and capital appreciation.

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