Sales of top-end houses jump, says Land Registry
04th September 2012

House prices in England and Wales have risen slightly in the past year, but demand for £1m-plus properties has grown sharply, figures have shown.

Prices rose by 0.3% in July compared with a year earlier and by 0.8% on the previous month, the Land Registry said.

London saw the biggest rises, with prices up 6.5% on the year.

The number of properties worth more than £1m sold in May in England and Wales more than doubled to 562 from a year earlier, the registry added.

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