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Bristol Post
Bristol Post
National
Oscar Dayus

South West house prices rocket by 11.6% in a year - more than any other UK region

Property prices in the South West of England have risen by 11.6 per cent in the last year - outpacing growth seen anywhere else in the UK.

The average house price across the region is now £259,201, according to the Rightmove price index - over eight times the average UK salary.

The report analyses how much houses are being sold for around the country. Prices in the South West grew by 2.4 per cent in the last month alone, the report said. In the rest of the country, most regions saw a dip in price over the past month, but all saw a rise over the past year - just not by as much as us here.

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