Official data shows property prices in UK up almost 7% in 12 months to November 2016 – Property Wire

House prices in the UK increased by almost 7% in the last year, according to official data. The average price of a UK property now stands at £217,928. London posted a yearly increase of 8.1%, but the area with the biggest jump was the East of England, which saw over a 10% increase from last year. The property market is expected to retain its strength for 2017.

Official data shows property prices in UK up almost 7% in 12 months to November 2016 – Property Wire