Construction News

28/11/2007

London House Prices Fall As Market In England And Wales Remains Flat

London house prices experienced a greater fall than any other region in October, according to the latest monthly figures from Land Registry.

October's House Price Index shows that prices in London fell 0.6 per cent, while the market in England and Wales as a whole demonstrated a slight increase of 0.1 per cent.

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The average house price for England and Wales now stands at £184,346; in London the figure is £351,039. For more information and to view the latest statistical release visit www.landregistry.gov.uk/houseprices/

(GK/JM)

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