Bloomberg News

Woking Posts U.K.’s Biggest 2011 Home-Price Gain, Halifax Says

December 30, 2011

Dec. 31 (Bloomberg) -- Woking in southeast England posted the largest house-price gain among the U.K.’s towns and cities this year, according to Lloyds Banking Group Plc’s Halifax unit.

The average selling price of a home in Woking rose 16 percent in the 12 months to December to 299,654 pounds ($465,000), compared with a national decline of 4 percent, the U.K.’s largest mortgage lender said in an e-mailed statement today. The town lies about 30 miles (50 kilometers) southwest of London on a main rail line from the capital’s Waterloo station.

Falkirk in central Scotland was second in the list of 130 U.K. towns and cities with a 12 percent gain, followed by Ipswich in England’s East Anglia region with a 9 percent rise, Halifax said.

--Editors: Eddie Buckle, James Hertling

To contact the reporter on this story: Scott Hamilton in London at shamilton8@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net


American Apparel's Future
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus