The average property is now at £273,528, with the annual growth rate now at 6.8%.
The agents reported a slowing market, with sales down 9% over the month compared to January 2014.
Adrian Gill, director of Reeds Rains and Your Move estate agents pointed to an improvement in activity levels during February.
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Adrian Gill, director of Reeds Rains and Your Move estate agents pointed to an improvement in activity levels during February.
Take advantage of our discounted landlord insurance rates
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