British house price growth leaps 10.5%

British home prices leapt 10.5% in April from the same month last year, returning to double-digit growth for the first time since June 2007, home-loans provider Nationwide said. Prices rose by 1% in April from March, taking the annual gain to 10.5%, according to Nationwide. The average value of a home in Britain stood at STG167,802 ($A275,831), according to the survey.

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