House Prices Up 5.3% In A Year

September property prices in England and Wales were up 5.3 per cent compared to a year ago - largely led by a revival in 'up and coming' pockets of London, official figures show today. The Land Registry, which records actual sale prices, said that In the capital values rose 9.6 per cent compared to September 2014, meaning the average property now has a price tag just £3 short of £500,000. Although house values have continued to go up across London, the rate of growth has been slowing since a peak last summer. At one point, prices were soaring by an annual 20 per cent. As a whole, property prices rose one per cent in September compared to August, according to the figures which lag one month behind other indices. Read more on the Daily Mail website.