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House price rises lowest in country

From the The Argus, first published Friday 19th Jan 2007.

House prices in East and West Sussex are rising at among the lowest levels in the country.

Research by Halifax shows there is no county in the UK that now has an average house price below £100,000.

The ten counties that have delivered the highest house price growth over the past five years, however, are all in Scotland and Wales.

Merthyr Tydfil and Blaenau Gwent, both in Wales, saw the highest rises over that period, of 175 per cent and 160 per cent respectively.

In the bottom 15 counties, East Sussex and West Sussex saw rises of 58 and 53 per cent.

Martin Ellis, chief economist for the bank, said: "Wales, Scotland and, to a lesser extent, Northern Ireland, have dominated the UK county league table for house price growth over the past five years.

"Southern England, by contrast, has lagged behind."

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