Official figures show house price rise
A house price rise in the UK over the past year was fuelled by a 6.5 per cent increase in the capital, according to official data.
The Office for National Statistics house price index released today show house prices in London went up by 6.5 per cent in the 12 months to June compared to the year before.
On the whole, UK prices went up 2.3 per cent in the year to June 2012 from the 12 months before that but decreased in the north east of England by 1.3 per cent.
The prices in England rose by 2.8 per cent in the period, but went down by 1 per cent and 11.9 per cent in Scotland and Northern Ireland respectively. House prices in Wales remained unchanged.
The average UK mix-adjusted house price in June this year was £231,000, according to the ONS data.