Prices rose sharply in January

house prices

Nationwide says 0.8% January rise the strongest since 2005

House prices rose by 0.8% in January, the strongest start to a year since 2005, according to the latest data from the Nationwide.

The mortgage lender said the rise in the first month of the year pushed annual house price inflation to 11.2%, with average prices hitting more than £255k.

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