North/South divide shrinks as house prices continue to leap - Halifax

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The price gap between the north and the south of Britain may soon be a thing of the past as the property market has made a leap in the less expensive parts of the country, suggests a survey by Halifax.

That said, the gap between the most expensive and inexpensive area is still three and half times wide, the lender says. Latest figures by Halifax says it is possible to buy more than three and a half properties at the average price in County Tyrone (£93,493) in Northern Ireland for the price of one average property in Surrey (£339,772), which is currently the most expensive county in the UK. This is still much less than compared to a year ago before prices in the cheaper ares began to rise. Looking over the past year, many parts of Wales experienced large price rises with two of its c...

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