Average UK house prices end year at record £254,822

Here are average house prices in the fourth quarter of 2021, followed by the annual increase in cash and percentage terms, according to Nationwide Building Society:

– Wales, £196,759, £26,913, 15.8 per cent

– Northern Ireland, £167,479, £18,096, 12.1 per cent

– South West, £294,845, £30,333, 11.5 per cent

– Outer South East (includes Ashford, Basingstoke and Deane, Bedford, Braintree, Brighton and Hove, Canterbury, Colchester, Dover, Hastings, Lewes, Fareham, Isle of Wight, Maldon, Milton Keynes, New Forest, Oxford, Portsmouth, Southampton, Swale, Tendring, Thanet, Uttlesford, Winchester, Worthing), £329,869, £33,579, 11.3 per cent

– North West, £196,806, £19,882, 11.2 per cent

– Yorkshire and the Humber, £190,855, £18,530, 10.8 per cent

– East Anglia, £268,146, £25,342, 10.4 per cent

– East Midlands, £221,813, £20,861, 10.4 per cent

– Scotland, £172,605, £15,836, 10.1 per cent

– West Midlands, £227,031, £19,428, 9.4 per cent

– Outer Metropolitan (includes St Albans, Stevenage, Watford, Luton, Maidstone, Reading, Rochford, Rushmoor, Sevenoaks, Slough, Southend-on-Sea, Elmbridge, Epsom and Ewell, Guildford, Mole Valley, Reigate & Banstead, Runnymede, Spelthorne, Waverley, Woking, Tunbridge Wells, Windsor and Maidenhead, Wokingham), £410,992, £33,316, 8.8 per cent

– North East, £148,105, £10,574, 7.7 per cent

– London, £507,230, £20,668, 4.2 per cent