Land Registrys latest residential property price report shows the average house price in England and Wales is 199,184.
This demonstrates an annual increase of 7.71 per cent, compared to an annual increase of 5.43 per cent for the same period last year.
The report, published today – Tuesday 8th August – covers the period from April to June 2006.
House sales in England and Wales were up by 23.76 per cent, compared with the same period in 2005. Sales in Greater London increased by 26.69 per cent.