September 28th, 2008
Average house price drops 4.6 per cent in August to £174,493
Annual house prices in England and Wales fell by 4.6 per cent in August to prices last seen in spring 2007, according to the latest figures from Land Registry. The average house price is £174,493 which is also a decrease month-on-month of 1.9 per cent. London also experienced a decrease in its average property value over the last 12 months, with a movement of -3.2 per cent - taking the average London house price to £336,620. Hartlepool experienced the highest annual change with an increase of 4.8 per cent, taking its average property price to £117,350.
25 September 2008
© Land Registry (National)