North-south house price divide hits an average of £100,000
The gap between house prices in the North and the South of England reached a new high in quarter three rising above £100,000 for the first time, according to the Nationwide Building Society.
The average price of a home in the UK has now hit £172,127 and this means that the typical property price in the South of England is now 74% above its Northern equivalent.
UK house prices increased by 0.9% in September and were 5% higher than September 2012. The Southern regions of England, especially London, continue to record strongest rates of house price growth.
September 27, 2013
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