As house prices rise in London, they do in the South too

House prices in the South have hit an all time high Credit: PA

House prices in the South have hit an all time high due to prices in London increasing too.

A national rise of 2.6% this month pushes the average national price of property coming to market to £262,594.

This is the highest since October 2007.

Miles Shipside, Rightmove director and housing market analyst said, "Records are tumbling, with a new national asking price record being set for the second consecutive month.

"London's asking prices are at their highest ever level, and the strong ripple effect from the capital has also caused a new wave of record prices for property coming to market in the South East, South West and East Anglia."

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