The average price of a house in Bristol rose more than £6,000 in the 12 months prior to end of January to stand at £172,376, according to the Land Registry. The average price a year ago in the city was £166,192.
This bucks the trend because nationally the average cost of a home dropped by 0.9 per cent to £163,177 over the same period. The national year-on-year annual drop came despite the fact that house prices edged ahead by 0.2 per cent during January itself.
"The rise in house prices in Bristol reflects our own experience," says Adam Offer, managing director of Besley Hill Estate Agents. "In fact, our branches achieved house price increases over the year in excess of the Land Registry figure."
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