UK House Price Index July 2016

The July data shows an annual price increase of 8.3 per cent which takes the average property value in the UK to £216,750. Monthly house prices rose by 0.4 per cent since June 2016. The monthly index figure for the UK was 113.7.

In England, the July data shows an annual price increase of 9.1 per cent which takes the average property value to £232,885. Monthly house prices rose by 0.5 per cent since June 2016.

Wales shows an annual price increase of 4.0 per cent which takes the average property value to £144,828. Monthly house prices fell by 1.8 per cent since June 2016.

London shows an annual price increase of 12.3 per cent which takes the average property value to £484,716. Monthly house prices rose by 1.0 per cent since June 2016.