Average price of home rose to £255,556 in January from December, says Nationwide
Britain’s housing market has made its strongest start to the year since 2005, with annual house price growth rising to 11.2%, according to the UK’s biggest building society.
Nationwide said the average price of a home hit £255,556 in January, the sixth consecutive monthly increase. The annual growth rate accelerated 0.8 percentage points from 10.4% the previous month, reaching its highest level since June.