House prices in the East of England rose faster than any other region of England during October according to the biggest survey of property sales in the UK.
The Land Registry records every house sale that takes places across the country and in October it saw a 0.6% increase in prices in the East. In London the monthly rise was 0.2%.
House prices here in the East are the third highest of any English region.
- Average price of a property in the East of England: £179,552
- Average price in London: £390,720
- Average price in the South East: £216,004
House prices in the East of England are up 3.2% compared with the same period in 2012 although London has seen a much bigger increase at 8.7%.
The most expensive place to live in the East of England is Hertfordshire with an average property costing just over £250,000 while Peterborough is the cheapest at £106,751. House prices are rising fastest in Bedford at 3.9% over the past year.
These are the annual prices increases in counties and unitary authority areas in the East of England along with the average house price:
- Bedford - up 3.9% to £160,317
- Cambridgeshire - up 3.0% to £184,313
- Central Bedfordshire - up 1.7% to £175,146
- Essex - up 2.5% to £192,437
- Hertfordshire - up 3.4% to £251,167
- Lincolnshire - up 0.6% at £122,000
- Luton - up 3.0% at £127,812
- Milton Keynes - up 3.1% at £157,278
- Norfolk - up 1.2% at £146,084
- Northamptonshire - up 1.7% at £136,274
- Peterborough - up 0.2% to £106,751
- Rutland - up 1.0% to £210,661
- Southend-on-Sea - up 2.7% to £155,006
- Suffolk - up 2.6% to £156,813
- Thurrock - up 1.8% to £146,594