House prices continue to grow in North Somerset
PUBLISHED: 07:58 28 November 2019
© I-Wei Huang, All Rights Reserved
House prices in North Somerset are continuing to rise, despite a slight slump in the UK average this autumn.
The average price of a home in the district has climbed to £274,732, according to the Land Registry's latest figures for September.
It represents an increase of 2.4 per cent since August, compared with a 0.2 per cent drop in the nationwide average.
Over the past year, the average sale price of property in North Somerset rose by about £7,600 - putting the area seventh among the South West's 36 local authorities for annual growth.
The biggest rise in the region was in South Hams - near Plymouth and Torquay - where properties increased on average by nine per cent, to £330,000.
At the other end of the scale, properties in West Somerset dropped 4.8 per cent in value, giving an average price of £221,000.