House prices in East Sussex have risen higher than in most other areas of Britain over the past month.
Nationally house prices have gone up an average of 0.5 per cent during March, but in East Sussex they have risen 0.6 per cent. Central London and the City saw the highest rise of 1.9 per cent.
Over the past 12 months, house prices have risen by 0.1 per cent. The national average price now stands at £162,500.
However, growth has been larger in some areas than others.
London saw the highest rise of 1.1 per cent, while prices in the South-East rose 0.4 per cent.
Demand for houses is still rising faster than supply. There was a seven per cent rise in buyers during March compared to a 3.7 per cent increase in the number of new properties for sale.
The figures are compiled by the Hometrack house valuation service.
Monday, March 27, 2006
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