- 2 updates
- London and the South East are continuing to record the strongest annual growth
- England remains the only UK country where property prices are higher than their pre-financial crisis peak, now standing at 10% above their previous high seen in 2008
House prices in London have continued to rise around twice as quickly as those across the UK, with the capital seeing a 19.3% jump in prices in the 12 months to June.
Figures from the Office for National Statistics show the average house price in London is now just shy of half a million pounds, at £499,000.