House prices across London and south east rise

A NEW report has revealed house prices ended the year higher than they were at the start across London and the south east.

Property analyst Hometrack predicts that the strongest price inflation will be in southern England including the News Shopper patch.

London and the South East registered the strongest gains across the last year, with prices lifting by 9.1 per cent and five per cent respectively while prices in the North fell by 0.5 per cent over 2013.

In London, the typical percentage of the asking price achieved has now reached an all-time high in the 12-year history of the survey at 98.1 per cent, compared with a national average of 95.4 per cent.

While 75 per cent of postcodes registered price gains over the year, 15 per cent saw prices edge down and 10 per cent were unchanged.

Are you a first time buyer finding it hard to get on the property ladder? Email melissa.hills@london.newsquest.co.uk or call 01689 885726.

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