London and South East still leading house prices

According to data from the Land Registry, house prices rises in London and the south east have outpaced the rest of England and Wales for the eighth consecutive month.

The increase in house prices is being driven primarily by strong rises in London and the South East. London's annual growth this month is 9.6% compared with the 7.0% increase of England and Wales as a whole. In the South East, prices rose at an annual rate of 8.1 %.

The region with the lowest annual price rise is the East Midlands, with an increase of 3.5 %. The North East experienced the highest monthly change, with an increase of 2.9%.