Land Registry prices top £200k |
New data from the Land Registry shows that average house prices have risen above £200k – to £211,453 to be precise.
Data from the Land Registry is from actual sale prices – unlike estate agent figures which come from market prices.
The most expensive place to live was Kensington & Chelsea, where a detached property would cost £5.6 million on average. In comparison, a detached house in Kingston Upon Hull would cost around £165k.
Prices have risen by 8.7% since this time last year, with prices remaining strong despite the recent rate rise, and further expected rises in the near future.