Property price gap at record level

Updated
File photo dated 27/1/2014 of For Sale signs displayed outside houses in Finsbury Park, north London, as house prices in the city have leapt by 18.2% annually, widening the gap between property values in the capital and those in the rest of the UK to the largest levels on record, building society Nationwide has reported. PRESS ASSOCIATION Photo. Issue date: Wednesday April 2, 2014. Across the UK, prices rose by 9.5% year-on-year, which is the biggest jump in almost four years and takes the typical property value to ?180,264, amid signs that the upturn in the market is gaining momentum across the country, the report for March said. See PA story ECONOMY House. Photo credit should read: Yui Mok/PA Wire

%VIRTUAL-SkimlinksPromo%London house prices have leapt by 18.2% annually, widening the gap between property values in the capital and those in the rest of the UK to the largest levels on record, building society Nationwide has reported.

Across the UK, prices rose by 9.5% year-on-year, which is the biggest jump in almost four years and takes the typical property value to £180,264, amid signs that the upturn in the market is gaining momentum across the country, the report for March said.

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