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House prices in Wales rise by 5.8%, new figures show | House prices in Wales rise by 5.8%, new figures show |
(35 minutes later) | |
House prices in Wales have risen by 5.8% over the past year, official figures show. | House prices in Wales have risen by 5.8% over the past year, official figures show. |
But the increase is below other UK regions, according to figures released by the Office for National Statistics. | |
England saw the strongest rise at 12.5%, followed by 10.9% in Northern Ireland and 7.6% in Scotland. | |
In September a house in Wales cost, on average, £172,000 and prices paid by first-time buyers were 13.3% higher than in September 2013. | |
The average UK house costs £272,000 and rose year-on-year faster than at any time since 2007. |
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