UK regional house prices and how they're changing

At a time of confusion over the state of the UK house market and its prices, this infographic attempts to bring some clarity to the situation. Looking at newly released annual change figures from HM Land Registry, London is the standout region with a decrease of 1.0% in February - the lowest rate in the capital since September 2009. Every other part of the UK has seen increases, with the West Midlands recording the highest growth rate at 7.3%. Analysis of the monthly changes sheds light on the mixed fortunes currently being recorded around the country. On the one hand, prices in the North East grew by 3.1%, and on the other, those in Scotland and London shrank by 2.7% and 2.1% respectively. Ironing out these short term ups and downs though, UK house prices are still in a period of increase.

This chart was also featured on iNews.co.uk.