UK house prices fall as Middle East crisis jolts market - News Summed Up

UK house prices fall as Middle East crisis jolts market


Annual growth was by far the strongest in Northern Ireland with prices up 8.7% to £224,809, followed by a 4.4% increase in Scotland to £222,716. Read more:Wales saw an average annual increase of 1.6% annually, while in England the strongest price growth was in northern regions. The north-east saw prices rise 5% over the year to £184,119, while the north-west recorded annual growth of 3.1%, with the average home now costing £247,442. London saw average values fall by 1.2% to £536,751. “The reason for this distance is that the financial markets are moving far faster than the property market," he explained.


Source: The Herald April 09, 2026 04:02 UTC



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