House prices in England and Wales increased by 0.2 per cent in the month,raising the average price to £182,914.

London continues to lead the rest of the country in terms of house price growth with an increase of 1.5 per cent for the month, taking the average London house price in August to £349,838.

The annual change in house prices is 9.4 per cent for England and Wales. In London, the figure is 16.7 per cent, showing that for the fifth month in a row the rate of increase for London house prices is over six per cent greater than that of England and Wales as a whole.