House prices in Central Beds, Luton and Bucks rise higher than national average

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House prices in Luton, Central Bedfordshire and Buckinghamshire have risen higher than the national average in the past year.

The new average house price in Central Beds is up 10.58% for 2017 at £316,489 compared to £286,217 in 2016. The average was £61,115 in 1995.

In Luton average prices have risen 6.92% in a year to £240,884. In 2016 the figure had been £225,284. Back in 1995 it was £43,075.

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House prices in Buckinghamshire have risen 5.9% over 12 months.

The new average house price in Bucks is £417,293, compared to £394,008 in 2016 and £83,286 in 1995.

The general trend of rising house prices is continuing, with the average UK property reaching £226,367 in September, an increase of 5.4% annually.

England continues to see the biggest price increase compared to the rest of the UK, with house prices increasing by 5.7% over the year to September, reaching £243,945 on average.

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The area showing the largest annual growth was Hinckley and Bosworth in Leicestershire, where house prices swelled by 15.9% to reach £215,137 on average.

The lowest annual growth was recorded in Halton, Cheshire, where average prices fell by 5.2%. The City of London meanwhile has seen a drop of 1.7%.

Full data is available via the Office of National Statistics.

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