North West England leads housing boom with prices up 15%

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North West England leads housing boom with prices up 15%

House prices have risen sharply across the UK, driven by an increase of more than 15% in the year to May in the North West of England.

Official figures show property prices also rose at a rapid rate in Scotland, Wales and the North East of England.

The Office for National Statistics (ONS) said the average UK home cost £255,000 in May.

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Source: BBC Business News

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