House prices in parts of the UK have risen by more than five per cent over the last 12 months, according to Barclays Mortgages Postcode Ownership Index
An analysis of house prices in 15 cities across the UK has found that some areas have seen prices rise at double the national average of 2.6 per cent, with many of these in the North of England and Midlands. The Barclays Mortgages Postcode Ownership Index is based on data provided by Barclays Mortgages to Hometrack, a property analyst, using average house prices from Zoopla.
9. Barton Hill, Bristol - BS5
Properties in Bristol’s BS5 postcode area, which covers the Barton Hill area east of the city centre, saw property prices rise by an average of 3.2 per cent. Photo: (Photo: Geograph, Bill Boaden)
10. Peterlee - SR6
The area which saw the highest rise in housing prices in the North East was Peterlee, in county Durham, in the SR6 postcode area. Over the last 12 months average housing prices there have risen by 3.1 per cent Photo: (Photo: Flickr, Cacophonyx)
11. Edinburgh Old Town - EH1
Of those areas analysed in Scotland, Edinburgh EH1, covering the city’s famous Old Town, saw the most significant rise in average housing prices, at 3.1 per cent. Photo: (Photo: Shutterstock)
12. Belfast City Centre - BT2
Parts of Belfast City Centre in the BT2 postcode area have seen the highest rise in housing prices of all the areas in Northern Ireland analysed, at 3.1 per cent. Photo: (Photo: Shutterstock)