Communities department figures reveal that the average price of a house rose 1.1% during April
House prices rose by 1.1% in April, according to official government figures released today.
According to the Department for Communities and Local Government's house price index, the average price paid for a home in the UK during April was £189,215, a 1.1% increase from the average in March (£187,193).
However, house prices in the UK were still 13% down compared with the same period last year. Despite April's increase, house prices fell by 3% in the quarter leading up to the end of the month.
The department said that the monthly increase was due to a 2% rise in the average price of terraced houses, a 1% rise for semi-detached houses, a 0.9% rise for flats and a 0.7% rise for detached houses. It was offset by a 0.7% fall in the average price of bungalows.
Prices for first-time buyers are 16% lower than at this time last year, and the prices for former owner-occupiers are 11.9% lower.
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