In England, the November data shows an annual price increase of 7.2% which takes the average property value to £234,278. Monthly house prices have risen by 1.1% since October 2016.
Homes
Wales shows an annual price increase of 4.1% which takes the average property value to £146,742. Monthly house prices have fallen by 0.2% since October 2016.
London shows an annual price increase of 8.1% which takes the average property value to £481,648. Monthly house prices have risen by 1.8% since October 2016.
The regional data indicates that:
the East of England experienced the greatest increase in its average property price over the last 12 months with a movement of 10.5%
the West Midlands experienced the greatest monthly price growth with an increase of 2.2%
the North East saw the lowest annual price growth with an increase of 3.2%
the South East saw the most significant monthly price fall with a movement of 0.3%.
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