Property Prices Increase By 7.7% In Three Months To November

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New data reveals that UK property prices have seen an increase in by an average of £16,000 to nearly £218,000 over the last quarter.

According to the Office for National Statistics, there was a 2% increase between August and September - with a total average cost of a home up by 7% over the last 3 months.

England typically sees an annual rise of 8.3 percent, whilst Scotland's prices rise by approximately 3.4 percent.

The East of England sees an average cost of property increase typically by 12.1%, with London up by 10.9%. This makes London the most expensive location for properties in the country with an average price tag in excess of £446,000.

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