Where are house prices rising the fastest? - BBC News
Some regions have seen property prices rise by more than 6% in the past year, official figures show.
Parts of Nottingham are popular among house-hunters

House prices are rising the fastest in the East Midlands, increasing by 6.5% in the year to August, according to official statistics.

Wales also showed a significant rise - up by 6.2% over the same period, according to the Office for National Statistics (ONS).

However, a "sustained slowdown" in the south and east of England has pulled back house price growth across the UK.

On average, the typical UK home has risen in value by 3.2% over the year.

This meant the average UK property cost £233,000, according to the ONS.

Prices fell 0.2% in London during the same period, making it the only English region to record a fall.

Richard Snook, senior economist at PwC, said: "The London market has been flat over this period with Brexit-related uncertainty undoubtedly affecting the confidence of buyers and sellers alike."

In Scotland, the average price increased by 4.1% over the year to £153,000. The average price in Northern Ireland rose by 4.4% to £133,000.

A recent report by the UK's biggest mortgage lender, the Halifax, said that fewer homes had been on the market in 2018 than in any year of the past decade.

House-hunters have been left with relatively little choice, which means that prices have still risen as a result.

Where can you afford to live? Try our housing calculator to see where you could rent or buy This interactive content requires an internet connection and a modern browser. Do you want to buy or rent? Use the buttons to increase or decrease the number of bedrooms: minimum one, maximum four. Alternatively, enter a number into the text input How much is your deposit? Enter your deposit below or adjust the deposit amount using the slider Return to 'How much is your deposit?' This calculator assumes you need a deposit of at least 5% of the value of the property to get a mortgage. The average deposit for UK first-time buyers is . How much can you pay monthly? Enter your monthly payment below or adjust the payment amount using the slider Return to 'How much can you pay monthly?' Your monthly payments are what you can afford to pay each month. Think about your monthly income and take off bills, council tax and living expenses. The average rent figure is for England and Wales. Amount of the that has housing you can Explore the map in detail below Search the UK for more details about a local area What does affordable mean? You have a big enough deposit and your monthly payments are high enough. The prices are based on the local market. If there are 100 properties of the right size in an area and they are placed in price order with the cheapest first, the “low-end” of the market will be the 25th property, "mid-priced" is the 50th and "high-end” will be the 75th.