[{"id": 600548, "created": "2025-06-24T19:07:35.530114", "project_id": 282, "task_id": 636802, "user_id": 325, "user_ip": null, "finish_time": "2025-06-24T19:08:24.936507", "timeout": null, "calibration": null, "external_uid": null, "media_url": null, "info": {"id": "business-41237713", "url": "https://www.bbc.com/news/business-41237713", "text": "By Kevin PeacheyPersonal finance reporter House prices in the region, which includes Nottingham, Leicester and Derby, went up by 7.5% in the year to the end of July. The region also saw rental prices rise by 2.8% in the year to August - the fastest in Britain - the Office for National Statistics (ONS) said. Across the UK, house prices rose 5.1% in the year to July, the ONS said. The rate was unchanged from June, but has slowed since mid-2016. The average UK house price was \u00a3226,000 in July. Tenants' costs The ONS figures also show that rental prices paid by tenants to private landlords in Britain rose by 1.6% on average in the year to the end of August, down from 1.8% the previous month. The increases were primarily in England, where rents went up by 1.7%, with Wales recording a 1.3% rise and Scotland seeing a 0.3% increase. All regions of England saw rents rise over the past year, but the fastest increase was in the East Midlands, followed by the South East (2.6%) and the South West (2.1%). The second fastest growth in house prices - after the East Midlands - was in the East of England (7.1%). Prices grew by 7% in the South West, where the average price of a property moved above \u00a3250,000 for the first time, according to the ONS figures. The slowest property price growth was in London, marking a sharp reversal from the house price surge in the capital in recent years. The average cost of a home was still much higher in London, at \u00a3489,000, compared with the typical price of \u00a3185,000 in the East Midlands. Jonathan Hopper, managing director of Garrington Property Finders, said: \"It took less than two years for London's booming property market to slide from permanent front-runner to also-ran, to flat last. \"Of course the capital's double-digit rates of annual price growth were always going to be unsustainable. So it's reassuring that the new crop of best-performing English regions are well shy of this level, posting more froth-free gains of 7% over the past 12 months. \"Across the UK a degree of calm is returning to the market. Crucially these price rises are being driven by pragmatism rather than exuberance. The chronic shortage of supply has placed a floor under prices, while demand has been underpinned by a combination of cheap mortgages and a resilient jobs market, which so far has shrugged off the growing inflationary threat.\" Where can I afford to live?", "title": "Housing costs rising fastest in the East Midlands", "clarity": "neutral", "summary": "The cost of renting or buying a home rose fastest in the East Midlands in the past year, official figures show.", "faithfulness": "moderately_faithful", "plausibility": "moderately_plausible", "informativeness": "moderately_informative"}}, {"id": 600999, "created": "2025-06-25T17:54:10.308033", "project_id": 282, "task_id": 636802, "user_id": 315, "user_ip": null, "finish_time": "2025-06-25T17:54:26.988614", "timeout": null, "calibration": null, "external_uid": null, "media_url": null, "info": {"id": "business-41237713", "url": "https://www.bbc.com/news/business-41237713", "text": "By Kevin PeacheyPersonal finance reporter House prices in the region, which includes Nottingham, Leicester and Derby, went up by 7.5% in the year to the end of July. The region also saw rental prices rise by 2.8% in the year to August - the fastest in Britain - the Office for National Statistics (ONS) said. Across the UK, house prices rose 5.1% in the year to July, the ONS said. The rate was unchanged from June, but has slowed since mid-2016. The average UK house price was \u00a3226,000 in July. Tenants' costs The ONS figures also show that rental prices paid by tenants to private landlords in Britain rose by 1.6% on average in the year to the end of August, down from 1.8% the previous month. The increases were primarily in England, where rents went up by 1.7%, with Wales recording a 1.3% rise and Scotland seeing a 0.3% increase. All regions of England saw rents rise over the past year, but the fastest increase was in the East Midlands, followed by the South East (2.6%) and the South West (2.1%). The second fastest growth in house prices - after the East Midlands - was in the East of England (7.1%). Prices grew by 7% in the South West, where the average price of a property moved above \u00a3250,000 for the first time, according to the ONS figures. The slowest property price growth was in London, marking a sharp reversal from the house price surge in the capital in recent years. The average cost of a home was still much higher in London, at \u00a3489,000, compared with the typical price of \u00a3185,000 in the East Midlands. Jonathan Hopper, managing director of Garrington Property Finders, said: \"It took less than two years for London's booming property market to slide from permanent front-runner to also-ran, to flat last. \"Of course the capital's double-digit rates of annual price growth were always going to be unsustainable. So it's reassuring that the new crop of best-performing English regions are well shy of this level, posting more froth-free gains of 7% over the past 12 months. \"Across the UK a degree of calm is returning to the market. Crucially these price rises are being driven by pragmatism rather than exuberance. The chronic shortage of supply has placed a floor under prices, while demand has been underpinned by a combination of cheap mortgages and a resilient jobs market, which so far has shrugged off the growing inflationary threat.\" Where can I afford to live?", "title": "Housing costs rising fastest in the East Midlands", "clarity": "very_clear", "summary": "The cost of renting or buying a home rose fastest in the East Midlands in the past year, official figures show.", "faithfulness": "faithful", "plausibility": "plausible", "informativeness": "very_informative"}}]