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| UK house prices increase by 10.2%, says ONS | UK house prices increase by 10.2%, says ONS |
| (35 minutes later) | |
| Annual house price inflation was 10.2% in June, compared with 10.4% in May, according to the Office for National Statistics (ONS). | Annual house price inflation was 10.2% in June, compared with 10.4% in May, according to the Office for National Statistics (ONS). |
| The rise was again driven mainly by London, where house prices increased by 19.3% over the year, a slight drop from the previous month's figure. | The rise was again driven mainly by London, where house prices increased by 19.3% over the year, a slight drop from the previous month's figure. |
| Excluding London and the South East, prices rose by 6.3% across the UK. | Excluding London and the South East, prices rose by 6.3% across the UK. |
| Prices were up in every region, including Northern Ireland, where they rose by 4.9%. | Prices were up in every region, including Northern Ireland, where they rose by 4.9%. |
| "House prices are increasing strongly across most parts of the UK, with prices in London again showing the highest growth," said the ONS. | |
| The average house price in London is now almost half a million pounds, at £499,000, compared with the national average of £265,000. | |
| In the UK as a whole, prices paid by first-time buyers in June 2014 were 12% higher on average than in June 2013. |