Land Registry’s monthly House Price Index for July showed that house prices in England and Wales increased by 0.1% in July, which is the lowest rate of growth since June 2006. This 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 month, taking the average London house price to £342,936 in July.
The annual change in house prices is 8.8% for England and Wales. In London, the figure is 15.5% showing that for the fourth month in a row the rate of increase for London house prices is approximately 6% greater than that of England and Wales as a whole.