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The great house price divide

The Smith Institute’s report on the Great House Price Divide, which we published today, shows how house prices in England and Wales have changed in 179 areas over the past six years. While in inner London prices have risen by more than 30%, in most other parts of the country prices have fallen sharply – by 15% in the Midlands and by over 20% in the North. In Hartlepool prices are 48% below what they were in 2007; in Liverpool 33% down; in Lancashire 25% down; in Sheffield 18% down; in Birmingham 14% down; in Derby 18% down; and in Greater Manchester 17% down. ...

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