The Land Registry HPI is seen as a more accurate state of prices as they are based on all properties sold across the whole of the UK.

The Land Registry HPI is seen as a more accurate state of prices as they are based on all properties sold across the whole of the UK.

Regional divergence in prices continues in more accurate Land Registry HPI

For June 2011 the figures continue to show and increase in prices over the last 12 months of 0.8%, the only region to report an increase.

However in June the Land Registry has recorded flat average prices for London with a very small reduction of -0.1%. Wales on the other hand had the largest increase in prices at 2.8% – which has undoubtedly helped improve the yearly change – which stands at -4.4%

The worst performing region throughout was the North East with a yearly fall of -7.1% backed up by a fall of -2.1% in June.