Any private landlord working out where to buy their next property could consider the Land Registry's latest geographical breakdown of house price movements in England and Wales.

Properties in the north-east of England experienced the greatest monthly rise, according to the data, with the average home costing 1.8 per cent more than it did in February.

Bricks and mortar prices in London were 15.4 per cent down year-on-year, but showed their first positive monthly rise since March 2008.

Private landlords and other homebuyers could pick up a home in the capital city for an average cost of £299,613 - a figure 0.6 per cent higher than the previous month.

West Midlands' property dropped two per cent in value month-on-month, representing the most significant fall in the whole of both England and Wales, the Land Registry explained.

These figures were released on the same day Nationwide Building Society revealed the average UK property in April cost £151,861.

Written by Mark Garner

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