Average UK property price up to £200,000, latest index shows

Property prices in the UK increased by 0.8% month on month in December to an average of £196,999 and up 4.5% year on year, according to the latest monthly index to be published. The data from home lender, the Nationwide, shows that after moderating during the first six months of 2015, house price growth has remained in a narrow range between 3% and 4.5% in the second half of the year. All regions except Scotland saw increases in house prices in 2015, though all recorded slower rates of annual p...