House prices in Northamptonshire jump by 12 percent in a year

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House prices in Northamptonshire have increased by 12 percent in the past year, latest figures show.

The average price of a home in the county is now £200,587 according to the Nationwide house price index, which looked at figures for the last quarter of the year.

In Northampton the average price of a house is now £192,276, up by five percent since the same time last year.

Robert Gardner, Nationwide’s chief economist, said: “All regions except the North of England saw a slowing in annual price growth in the final quarter of 2014, although all saw price growth over the year overall.

“Across the UK as a whole, prices rose by 1.1 per cent over the quarter, after allowing for seasonal effects. Prices were up 8.3 per cent compared with Q4 2013.

“London was the top performing region for the second year running, with prices up 17.8 per cent over the last twelve months. Prices in the capital are now 35 per cent above their 2007 peak, with the price of a typical London property now £406,730.”