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London experienced the greatest price increase in July

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Last Updated: 30/08/2013  

The Land Registry July data for London, published this week, shows a monthly increase of 2.1% cent and an annual change of 6.3%, which is significantly higher than other regions. The average property price in the capital is £385,799 in comparison with the average for England and Wales of £164,098.

The report also shows that the number of properties sold in London for over £1 million in May 2013 increased by 24% to 508 from 411 in May 2012.

1st Asset has an extensive residential property portfolio in the most desirable areas of London and our knowledgeable and multilingual professionals are always prepared to assist clients through the purchasing process of their home or investment in the capital.