Across the UK, there has been an annual house price rise of 7.5% which makes the average property in the country valued at £249,309.
According to the UK House Price Index for January 2021, there has been an annual price rise of 7.5% which makes the average property in the UK valued at £249,309.
North West experienced the greatest annual price rise, up by 12%.
In London, an annual price rise of 5.3% takes the average property value to £501,320.
Read more about UK house prices in 2020 here.