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Purplebricks plc

House prices rise in April despite London drag

House prices in the UK grew 1.4 per cent in the 12 months to April, according to new data from HM Land Registry. On a monthly basis, prices rose by 0.7 per cent. This equates to an average property price of £228,903 throughout the country.

In England, prices rose 1.1 per cent annually, leaving the average property at £245,128. The biggest annual rise was in the East Midlands, at 2.9 per cent, whereas London was home to the worst-performing properties, seeing a fall of 1.2 per cent.

Purplebricks Group plc (LON:PURP) engages in estate agency business in the United Kingdom, it provides services relating to the sale of properties.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.