1. ITV Report

'Mini-boom' in house price growth largest across Northamptonshire

Asking prices are on the rise in Northamptonshire, Bedfordshire and Norfolk. Credit: ITV News Anglia

Northamptonshire and Norfolk are experiencing a 'mini-boom' in house price growth according to property website Rightmove.

It says they've seen asking price rises of 9.1 per cent an 7.4 per cent, that's more than double the national average of 3.1 per cent. Bedfordshire has also seen strong price growth of 7 per cent.

The average house price in London now is £629,270 with asking prices rising by 1.6 per cent.

"A combination of traditional summertime price blues and the chill of uncertainty in the air has cooled price growth in some parts of the country, and affordability also remains very stretched. But despite these factors, high demand and limited supply are still driving momentum, especially in the counties in the middle of the country. Here, year-on-year rises at more than twice the pace of the national average are widespread, in contrast to southern and northern counties where none have approached these heady heights."

– Miles Shipside, Director of Rightmove
  • Northamptonshire 9.1%
  • Derbyshire 7.9%
  • Norfolk 7.4%
  • Bedfordshire 7%
  • Leicestershire 6.9%