Halifax reveals average house worth more than £100,000

22 February 2005
Halifax has revealed that the average price of a house in the UK is now more than £100,000.

The highest average price can be found in Surrey, at £345,485, whilst County Tyrone in Northern Ireland has the lowest at £102,959.

Northern Ireland is also home to the two other lowest-priced counties, County Londonderry (with an average house price of £105,839) and County Armagh (£104,819).

However, Northern Irish County Fermanagh saw the greatest increase, rising by 39 per cent to an average house price of £111,187.

"There was a clear tendency for those counties experiencing the strongest price gain in 2004 to be the ones where average prices were amongst the least expensive in the country," said Martin Ellis, chief economist at Halifax.

The 12 most expensive UK counties are all in the south of England, according to the building society, with houses worth an average of more than £200,000 in each.

The cheapest county on the UK mainland is Fife in Scotland at £107,919) and South Humberside is good value in England at £115,375.

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