House Prices Rise to 5-Year High
Land Registry
House prices in Englans and Wales were rose by 1.7% in July from the previous month; the bigest jump since July 2004 the Land Registry has said.
The analysis has shown that every region has seen an increase, with the average house price now standing at £155,885.
Although this is promising news for the UK hosing market, prices are still over 11% lower than the same period last year. House sales were also down when compare to the same period last year.