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Land Registry's Monthly House Price Index

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Sep 3 2007

Land Registry's monthly House Price Index for July is published, at http://www.landregistry.gov.uk/houseprices/

House prices in England and Wales increased by 0.1 per cent in July - the lowest rate of growth since June 2006. It raises the average house price to £181,460. London continues to lead the rest of the country in terms of house price growth with an increase of 1 per cent for the month, taking the average London house price to £342,936 in July.

The annual change in house prices is 8.8 per cent for England and Wales. In London, the figure is 15.5 per cent, showing that for the fourth month in a row the rate of increase for London house prices is approximately 6 per cent greater than that of England and Wales as a whole.

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