Friday, August 26, 2011
Prices still up 1.3% in England and Wales in July though *smiley BBC face*
House prices in the North East of England fell by 8.8% in the year to July, as figures show that every region of England and Wales, except London, experienced an annual drop. Prices in the London have increased by 1.3% since July 2010, according to the figures from the Land Registry. Overall, the value of flats and maisonettes dropped most sharply. The average home in England and Wales cost Â£163,049 in July, up by 1.3% in the month but 2.1% down on a year ago. "This is the largest monthly movement since January 2010," the Land Registry said.