Skip to content

House prices 'increased in 2010'

Britain's average house price increased by £9,286 last year to reach £195,804 in December, figures have revealed.

Assetz house price watch showed that prices climbed by one per cent last year, reaching a 23-month high of £201,860 in July.

The Assetz house price measure compiles monthly averages from the five major house price indices - CLG House Price Index, Halifax, LSL Acadametrics, RightMove and Nationwide.

Stuart Law, chief executive at Assetz, said the results showed concerns over the Comprehensive Spending Review had a larger impact on the market than expected, with annual growth rate slowing down since May.

He said: "However, the three and six month annualised average rates of growth indicate that recent monthly falls in the average house price may well be bottoming out."

Copyright © Press Association 2011

'WESLEYAN’ is a trading name of the Wesleyan Group of companies.

Wesleyan Assurance Society and Wesleyan Bank Ltd are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Wesleyan Financial Services Ltd, Wesleyan Unit Trust Managers Ltd, Syscap Ltd, Practice Plan Ltd and DPAS Ltd are authorised and regulated by the Financial Conduct Authority.  Advice about investments, insurance and mortgages is provided by Wesleyan Financial Services Ltd.

Click for more information about the Wesleyan group of companies.

© 2016 Wesleyan Assurance Society