The average house price in England and Wales has risen 7.71% to £199,184 so far this year according to the latest data from the Land Registry.
The data says house sales are also up by 23.76% Land Registry’s latest residential property price report covering the period April to June 2006 shows house prices has risen significantly compared to last year’s annual increase of 5.43% for the same period. Sales in England and Wales were up by 23.76%, compared with the same period in 2005 while in Greater London they increased by 26.69%. All regions in England and Wales showed an increase in average prices according to the Land Registry and there has been a sharp increase in the number of properties worth over £1m sold. The data reveals...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
