Land Registry Data - July 2014

LAND REGISTRY DATA: JUNE 2014 (released 28 July 2014)

The latest figures show no monthly change in house prices across England and Wales as a whole, while the cost of an average house remained steady at just over 172 thousand pounds.

The overall increase in house prices year on year fell slightly to 6.4 per cent, while regionally London saw an annual increase of 16.4 per cent and the North East only 0.8 per cent. The largest monthly increase was the West Midlands at 1.9 per cent, followed by the South East at 0.6 per cent with London trailing at 0.1 per cent; all other regions showed small decreases, the greatest being Yorkshire and the Humber at minus 1.3 per cent. The London borough of Waltham Forest showed the highest annual price rise at 28.1 per cent.

Flats and maisonettes remained the fastest growing category of property type with a year on year increase of 7.6 per cent.