Sales volumes slip; prices rise – Land Registry

Over the past year, the average asking price for the top 25% of homes for sale across the UK by value has increased by £15,227 (3.3%), according to Primelocation.

Whilst PCL rents may have fallen by 0.8% in July (1.1% on the year), Knight Frank point out that July's rental volumes were 30% higher than the same month last year.

PPR Estates director, Nick Hopkinson, has lambasted today’s ONS House Price Index figures, slating the report as "simply an analysts' field day." In a statement today, he said;