Valuations
Property News Feed
House price growth tops 7% in north-west
11/06/2007
North-west house prices have grown by an average of 7.3 per cent in the past 12 months, according to the latest FT House Price Index.
Between April and May, house prices in the region rose by 0.7 per cent, bringing the average cost of a home to £164,134.
Peter Williams of Acadametrics, which conducted the research on behalf of the FT, said that the finings demonstrated a "broad picture of stability".
However, he noted that house price inflation varied significantly depending on the region.
With the exception of the north-west, London and the south-west, house prices in England and Wales either stagnated or fell, the index shows.
However, when taken as a whole, house prices in England and Wales grew by 0.5 and 8.5 per cent over the month and year respectively.
According to the Land Registry, north-west house price growth over the past year rose by 9.1 per cent, although this dropped to 7.9 per cent in Greater Manchester.
© Adfero Ltd
THINKING OF INVESTING IN PROPERTY IN MANCHESTER?
Residential Property In Manchester
Click here to register for ALL residential property for sale in Manchester.
or click here to register for ALL residential property to let or rent in Manchester.
Manchester Commercial Properties
Click here to register for ALL commercial property for sale in Manchester.
or click here to register for ALL commercial property to let, rent or lease in Manchester.
Bookmark with:
Delicious
Digg
Reddit
Facebook
StumbleUpon
(What are these?)
Social bookmark links
The social bookmark links enable you to share content you find on our site with other users who may find it of interest. If you have an account with any of these sites, just click the link to instantly share this feature with other users or alternatively you can sign up for any of them in a matter of minutes for free. For more on social bookmarking you can read the Wikipedia article.