ONS figures show increase in property prices

The Office for National Statistics has reported that the average house price is now £239,000. The figures are from May 2013 and the comparative May 2012 figures recorded a £229,000 value.

This indicates a 2.9 per cent growth over the 12 months. 

Much of the growth was from England at  3.1 per cent. Northern Ireland saw 1.9 per cent, Scotland 0.8 per cent and Wales the smallest increase at just 0.6 per cent.

Read the full ONS report on May housing market here

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