House price growth across London and the South of England was eclipsed by gains made in the North, last month. In the year to March, the capital saw a 0.7 per cent increase in property prices, making the average London home £534,200, according to a new house price index by Zoopla.
Homes in the South East performed the worst nationally, up just 0.3 per cent, while East and South West areas only fared slightly better with a 0.8 per cent uptick. In contrast, the North saw healthy growth; in Northern Ireland, properties have increased six per cent, while the North West and Scotland had a three per cent and 2.7 per cent boost to prices respectively. The UK average was 1.6 per cent, compared to 1.9 per cent at the end of 2024, but this figure is expected to slow to between one and 1.5 per cent across the country over the next few months.
