Mapped: Areas in UK facing sharpest drop in house prices
The IndependentGet the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Take a look at our map below for the areas most affected by falling prices: View more Property values in south east England were down -3 per cent annually last month - the largest fall since July 2011, according to an index published in June by Halifax. Welsh house prices were down by -1.8 per cent annually, compared to a +1.0 per cent increase in May – the nation’s first year-on-year fall since March 2013. Separate figures published by the Nationwide Building Society on Tuesday found that the average UK house price declined by 3.8 per cent annually in July - the fastest annual drop in 14 years. “Moreover, deposit requirements continue to present a high hurdle - with a 10 per cent deposit equivalent to 55 per cent of gross annual average income.” Full list of house prices across regions of the UK in June South East 384,106 -3% Greater London 533,057 -2.6% East Midlands 333,343 -2.1% South West 301,248 -2.1% Wales 215,183 -1.8% West Midlands 251,139 1.5% Eastern England 238,755 -1.1% North West 168,240 -0.9% Northern Ireland 223,493 -0.4% Yorkshire and Humber 203,674 0.2% North East 186,856 0.2% Scotland 201,774 -0.1% Data compiled by Nationwide Building Society in June