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Wednesday, December 18, 2013

Mind the property price gap

The North-South divide continues to widen. 

Office for National Statistics data showed average property prices now at £257,000. London was obviously the most expensive region at £437,000, having seen growth of 12 percent. In comparison, the North East managed growth of just 2.4 percent, leaving the regions average price at £148,000.

The average prices of a home in Wales, Northern Ireland and Scotland are £164,000, £129,000 and £184,000 respectively.

These regional gaps will surely only get wider over the coming decades. I can't see any reason for them  not to - can you?

Read more in the Telegraph


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