Home Business news UK house prices rise in every region

UK house prices rise in every region

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Average cost of a home climbed by £25,000 in year to August, with prices in London rising to £526,000

The average cost of a UK home increased by £25,000 in the 12 months to August, official figures show, with rises recorded in all regions.

The annual rate of price inflation hit 10.6% during the month, up from 8.5% in July, the Office for National Statistics said, bringing the average price to £264,000.

Continue reading…Average cost of a home climbed by £25,000 in year to August, with prices in London rising to £526,000The average cost of a UK home increased by £25,000 in the 12 months to August, official figures show, with rises recorded in all regions.The annual rate of price inflation hit 10.6% during the month, up from 8.5% in July, the Office for National Statistics said, bringing the average price to £264,000. Continue reading…