800 properties sold at £1m each, says gov't

That is the figure published by the Land Registry in its quarterly residential property price report. Additionally, some 135 houses were sold for more than £2m each. According to the report, the average house price in England and Wales has topped £166,404 - equivalent to a 14.06% rise compared to the same period last year. Some 26,652 more houses were also sold in the first quarter this year compared with the same period in 2003. Price increases and rising sales were experienced across all regions, the report says. Prices gained most in Wales in the first quarter this year - ...