Average house prices in the UK increased by 8.3% in the
year to July 2016, down from 9.7% in June 2016, continuing the strong growth
seen since the end of 2013, according to the latest index data. The average UK
house price was £217,000 in July 2016, some £17,000 higher than in July 2015
and £1,000 higher than June, the index from the Office of National Statistics
shows. The main contribution to the increase in UK house prices came from
England, where house prices increased by 9.1% over the year to July 2016, with
the average price in England now £233,000. Read more on the Property Wire
website.
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