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South West of England leading house price charge

Estate agents in the South West - especially Wiltshire - are basking in glory thanks to the latest house prices figures released by Land Registry. The region - which is covered by Winkworth in Wiltshire, Dorset, Devon and Somerset - has posted strong house price growth in the last month (January 2015), as well as in the last year. Contrary to previous months, the nation's house price growth is no longer driven by London, with the capital city as a region posting negative house price movement in January - with a downward turn of -0.2%. In stark contrast, monthly house prices in the South West grew by 1.5%, with an annual uplift of 6.3%, add Wiltshire estate agents. Other UK regions that posted strong house price growth included the North West, the East and the South East. Wiltshire as a county has outperformed the South West's property figures, add Wiltshire estate agents. The latest figures from Rightmove suggest sold prices of property for sale in Wiltshire were up 5% on the previous year and up 4% when compared to 2014. So why has the property barometer swung away from London and out towards other regions' The Land Registry data has to be further analysed to get a more detailed picture. The monthly falls in London are mainly attributed to the Royal Borough of Kensington and Chelsea, where a house price dip of 1.9% in January knocked the whole capital's growth prospects out of kilter. The rest of the capital actually posted rises, albeit modest. Properties for sale in Wiltshire and across the South West are experiencing high demand due to a number of factors. On a broader note, mortgage availability and changes to the stamp duty system that make home moving more affordable have reignited the appetite for houses and flats for sale in Wiltshire. There's also homeowners in London and the South East who are cashing in on equity in a rising property market, facilitating a lifestyle move to the South West or even a purchase of a second/holiday home. Thirdly, there's also the affordability factor - Rightmove indicates that properties for sale in Wiltshire have an overall average price of £231,592 - almost 50% less than the Land Registry's average price for London, which now stands at £458,283. The above data suggests now is an exciting time for property owners in Wiltshire and across the South West. Winkworth holds waiting list of buyers looking for houses and flats for sale in Wiltshire and across the region. If you would like home moving advice and details on how you can capitalise on current demand, contact Winkworth today.

Estate agents in the South West - especially Wiltshire - are basking in glory thanks to the latest house prices figures released by Land Registry. The region - which is covered by Winkworth in Wiltshire, Dorset, Devon and Somerset - has posted strong house price growth in the last month (January 2015), as well as in the last year.

Contrary to previous months, the nation's house price growth is no longer driven by London, with the capital city as a region posting negative house price movement in January - with a downward turn of -0.2%. In stark contrast, monthly house prices in the South West grew by 1.5%, with an annual uplift of 6.3%, add Wiltshire estate agents. Other UK regions that posted strong house price growth included the North West, the East and the South East.

Wiltshire as a county has outperformed the South West's property figures, add Wiltshire estate agents. The latest figures from Rightmove suggest sold prices of property for sale in Wiltshire were up 5% on the previous year and up 4% when compared to 2014.

So why has the property barometer swung away from London and out towards other regions' The Land Registry data has to be further analysed to get a more detailed picture. The monthly falls in London are mainly attributed to the Royal Borough of Kensington and Chelsea, where a house price dip of 1.9% in January knocked the whole capital's growth prospects out of kilter. The rest of the capital actually posted rises, albeit modest.

Properties for sale in Wiltshire and across the South West are experiencing high demand due to a number of factors. On a broader note, mortgage availability and changes to the stamp duty system that make home moving more affordable have reignited the appetite for houses and flats for sale in Wiltshire. There's also homeowners in London and the South East who are cashing in on equity in a rising property market, facilitating a lifestyle move to the South West or even a purchase of a second/holiday home. Thirdly, there's also the affordability factor - Rightmove indicates that properties for sale in Wiltshire have an overall average price of £231,592 - almost 50% less than the Land Registry's average price for London, which now stands at £458,283.

The above data suggests now is an exciting time for property owners in Wiltshire and across the South West. Winkworth holds waiting list of buyers looking for houses and flats for sale in Wiltshire and across the region. If you would like home moving advice and details on how you can capitalise on current demand, contact Winkworth today.

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