House prices in Liverpool rose higher than the national average in the last 12 months, according to new data, although properties in the city are more affordable.
According to the Land Registry, Liverpool house prices were up 13.8% compared to 12.8% recorded nationally. In the past five years, prices in the city have soared by 46%.
However, Liverpool remains much more affordable - average prices are 41% lower than the national average. Buyers looking for 'prime property' would need to spend in excess of £345,000, lower than the £619,000 nationally.
