The price of a typical UK home increased by 0.4% in May and was 1.1% higher than May 2012, according to the latest data from Nationwide.
The typical UK home is now worth £167,912.
Robert Gardner, Nationwide's Chief Economist, said: "House prices edged up by 0.4% in May, providing further support for the view that the housing market is gradually gaining momentum. The three month on three month measure of house prices, which is a smoother measure of the underlying trend, has been in positive territory since October last year. The annual rate of house price growth also ticked up to 1.1% in May - the fastest pace since November 2011.
scottfraser are proud to provide support to local communities and charities with voluntary works and sponsorship.
Helen & Douglas House are looking for teams to take part in their 13 or 26 mile rambling adventure through the Oxfordshire countryside on Saturday 19th May. If you think you have what it takes get in touch with Poppy and Fiona on 01865 799150 or by email at firstname.lastname@example.org
SS Mary & John CE Primary School
Our East Oxford Office supports Mary & John School and was delighted to be included in their 2012 Wall Calendar. If you haven't got your copy make sure you get in touch with the school.
We would like to thank everyone who supported us at the 2011 Blenheim Triathlon in aid of Helen and Douglas House. We were successful in raising over £2,000 for the charity.
Thanks also to everyone who came and shopped at Marks and Spencer in Summertown at Christmas 2011 and donated to the bag packing elves for Helen and Douglas House. With our efforts and those from other helpers over £2,500 was raised.