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House price growth in surprise pick-up, says Nationwide

Annual house price growth in January was 3.2%, the Nationwide building society says.

House prices grew much more slowly in 2017 than in the previous year, the Halifax says.

The Nationwide says average house prices grew 2.6% over the last 12 months, down from 4.5% in 2016.

Cheltenham heads the list of towns where house prices rose the most last year, Perth sees biggest fall.

UK house prices rose by an average of 3.9% in the year to November, down from 4.5% in October

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