Nationwide estate agent, Your Move’s most recent house price index has shown encouraging statistics for homeowners and lenders alike as it discovers that house prices in England and Wales rose by 0.4% for the month of October 2018. being the first monthly rise since February of this year.
The rise has made the average house price in England and Wales at just over £304k, and though sales for the month did actually fall in October, they were still 2% higher than they were at this point in 2016.
The report also highlighted the West Midlands and the East Midlands as being the areas with the highest growth over the year, growing at 3.1% and 2.8 % respectively. Greater London and Wales also saw growth across the year.
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