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Nationwide have released their latest house price index for the month of June 2017 showing a +1.1% rise in house prices, which is an optimistic sign following three months of decline.

The average house price currently sits at £211,301, up from £208,711 in May 2017.

The index also shows a +3.1% increase in property prices year on year.

House Price Index

The latest numbers showed that the gap between the highest and lowest performing regions of the UK was at its lowest on record with East Anglia enjoying the largest increase in Q2 at +5%.

The early signs suggest that an immediate air of stability has returned to the UK market post-election, with many homeowners deciding to move ahead with their sale, despite the less than concrete outcome and the continued undecided future for the British government.