House prices rise, but picture mixed outside London

The average house price in England and Wales is now £162,900, according to the data. London boasted the biggest price increase, jumping 6.5% to £367,785, propping up the average figure for the country as a whole. House prices in the North West region were the biggest faller in the last 12 months, with prices dropping an average of 3.9% to £109,235. Prices in Wales, the West Midlands, Yorkshire and the Humber, the South West, North West and North East were also down year-on-year. The London borough of Kensington and Chelsea is the area with the biggest rise, with a yearly growth of ...