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House prices in England and Wales rise at their fastest pace for 12 months

March 13, 2017Article by Chelsea Battle

The average price of a home in England and Wales increased by almost £1,900 in February compared with the previous month, according to Your Moves’ latest house price index, increasing from £295,937 in January to £297,832 last month.

Oliver Blake, managing director of Your Move and Reeds Rains, said: “It’s an encouraging start to 2017. We’ve seen the strongest house price growth in a year, the emergence of the promised Northern Powerhouse and the first tentative signs of a recovery in our highest priced properties in London.

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