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Average UK house price is now £195,000

Mortgage approvals are also at a 14-month high. Credit: PA

The average UK house price is now £195,166, Nationwide Building Society has reported.

It comes after prices rose 0.3% last month, surpassing an all-time high of £193,048.

Mortgage lenders have been offering some of their lowest ever rates in recent months.

Bank of England figures released yesterday showed the number of mortgages made to home buyers lifted to a 14-month high in April.

Luton is officially the poorest area in East

Luton's "poor record" means many are on low incomes. Credit: ITV ANGLIA

Luton is officially the poorest area in the East of England according to new figures from the Office for National Statistics. They show that the average expendable income in the town is a little over 13 thousand pounds - which is the ninth lowest amount in the UK

The county with the most money to spend in our region though is Hertfordshire - where the average is almost 22 thousand pouds.


Aldeburgh named third 'most expensive' seaside town

Aldeburgh in Suffolk has been named in Britain's top 10 most expensive seaside towns to buy a home.

A survey of house prices in 196 seaside towns across the country by Halifax found that with a typical value of £413,393, homes in Aldeburgh are the third most costly.

The beach at Aldeburgh, Suffolk Credit: PA Images

"Seaside towns have a distinct attraction, offering that all important sea view with a typically high quality of life in a healthy environment.

"There is a romance associated with living by the sea and this is evident in the high house prices seen in many of these areas."

– Craig McKinlay, mortgages director at Halifax

Here are the 10 most expensive seaside towns in Britain according to Halifax, followed by the average house price:

  • 1. Salcombe, South West - £672,874
  • 2. Sandbanks, South West - £614,726
  • 3. Aldeburgh, East Anglia - £413,393
  • 4. Lymington, South East - £404,781
  • 5. Dartmouth, South West - £403,767
  • 6. Padstow, South West - £387,109
  • 7. Lyme Regis, South West - £343,604
  • 8. Budleigh Salterton, South West - £342,442
  • 9. Bigbury on Sea, South West - £333,626
  • 10. East Wittering, South East - £330,146

Referendum rules need "urgent review"

Bedfordshire Police

The Bedfordshire Police and Crime Commissioner wants an "urgent review" of referendum rules, after Bedford voters rejected his proposal for a rise in council tax to go towards policing.

Olly Martins claims the information he was allowed to put on the ballot paper was "inadequate".

Almost 70% of those who voted said no to the rise.

Anger over compensation for nuclear test veterans

Campaigners have expressed anger over the government's compensation package for nuclear test veterans and their families.

Tens of thousands of British servicemen became ill after being exposed to radiation during weapons tests in the 1950s and 60s.

In his budget the Chancellor of the Exchequer, George Osborne, pledged a share of a £25m pot to help our oldest veterans.

But families from this region are disappointed the money has not been ring-fenced for nuclear test veterans - and that there is still no apology.

Serena Sandhu reports.


House prices increasing faster than wages

House prices are increasing faster than wages Credit: ITV News Anglia

First time buyers in East Anglia are struggling to get on the ladder because house prices are going up faster than wages.

According to housing charity Shelter, in real terms buyers here are paying £60,000 more now for a house.

It also shows average house prices in the East are now 11 times the average wage - compared to just six times- 15 years ago.

Prime Minister will claim his economic plan 'is working in the East of England" during second visit to region

David Cameron at the Vauxhall factory in Luton on Tuesday. Credit: ITV News Anglia.

The Prime Minister will be back in the region today to set out his long-term economic plan for the East of England.

David Cameron will make a speech to business leaders in Felixstowe during his visit to Norfolk, Suffolk and Cambridgeshire.

He will claim the government's plan has worked so far in the East of England - making it the fastest growing economy outside of London.

Yesterday, the Prime Minister met automotive industry workers in Bedfordshire and Northamptonshire.

"We will keep working through our plan to secure a brighter future for hardworking people across the East of England by making the most of the region’s strengths in science, defence and energy, ensuring we have world-class infrastructure and backing business to create more jobs.”

– David Cameron.
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