UK house prices: Britain's fastest-growing regions

Discover the region with house prices rising as fast as those in London...
Alongside London, the South-East is recording Britain's fastest-growing regional house prices, according to new Land Registry figures revealing that both saw annual increases of 9.1 per cent. 

Monthly house price figures show that the South-East is growing at a slightly faster rate than the capital, increasing by an average of 0.9 per cent compared to 0.7 per cent. However, with property prices now averaging £246,552 in the South-East, they are still more than £200,000 below London's £475,961 average. 

The regions with the most significant monthly price increases are the East of England, taking in the areas from Hertfordshire to Norfolk, and the North-East, running from Tees Valley to Northumberland - with both reporting 1.6 per cent growth. 

This is a big jump up for the North-East which was the only region to record an annual fall last month. It is now reporting positive annual change of one per cent. At £100,295 house prices in this region are the lowest in the UK, and far below the £179,696 average. 

STARTING WITH WALES IN 10TH POSITION, WE REVEAL THE LATEST HOUSE PRICE GROWTH RATES FOR THE UK REGIONS...


From being top-performing region the previous month, Yorkshire and The Humber experienced significant falls in May, with annual growth falling from 3.1 per cent to 1.1 per cent. Its average monthly prices also fell, from 2.7 per cent to -0.6 per cent.

It is one of three regions to show a monthly decrease, the others being Wales and the South-West, which runs from Gloucestershire to the Isles of Scilly. Wales also recorded an annual fall, with prices down -0.6 per cent on average. 

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