The value of the average home in Britain has risen by £3,373 over the last 12 months, according to new figures from property website Zoopla.co.uk, one of The Independent’s partners. The average home value across the country is now £226,369, down £609 from three months ago.
The increase in property values over the past year was evident in all but three regions of Britain, the North West, (down 2.5%), Wales (down 1.4%) and Yorkshire and The Humber (down 0.55%).
Property prices in London continued to rise at a far faster pace than the rest of Britain over the past year. The average property value in the capital rose by £30,259 (7.3%) while the South East saw a 3.4% increase in average values.
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