“House prices differ around the country!” says mortgage lender

How a brick costing 89p is worth £121 when it is part of a London house…but £22 if the property is in Belfast

It’s enough to make anyone think twice about buying a house.

Soaring property prices mean the average brick in a UK house is worth more than £47, based on the property’s overall value.

This same brick would have cost £35.70 in 2006, meaning the price has risen a third over the past decade, research has found.

Source: Daily Mail, 13th October 2016

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A shock revelation in the Daily Mail here, stunning absolutely nobody with the news that houses in one part of the country cost less than houses in a different part of the country. It’s almost as if this whole story is little more than a press release from a mortgage provider looking to grab a little media coverage…

Raheel Ahmed, head of Barclays Mortgages, said: ‘It is particularly interesting to see the regions and cities outside of London which are experiencing significant growth in house prices.

‘While a north-south divide does remain, cities such as Sheffield, Nottingham and Leicester are experiencing strong growth, and this is forecast to continue through to 2020.’

Coincidentally, articles in one part of one newspaper are worth a lot less than articles in a different part of a different newspaper that have been written by an actual journalist rather than a bank’s PR department.