New figures show rising house prices in UK

House prices steadily rose last year in the UK. Credit: Chris Radburn/PA Wire/Press Association Images

House prices in the UK increased by 3.3% over a 12 month period up until December 2012, according to new figures released today by the Office for National Statistics.

The rise in property prices is up 2.2% from a 12 month window through to November last year.

House prices rose throughout most of the UK in 2012, but prices in Northern Ireland continued to fall.

The year-on-year housing price increase reflected growth of 3.4% in England, 2.4% in Wales and 3.1% in Scotland, which were offset by a decline of 5.7% in Northern Ireland.