The Index, which was published on Monday, reveals that average
house prices have declined further, to £239,564, which compares with £242,500 last month and £239,317 in June 2007.
Within the London
property market, Hounslow suffered the greatest monthly price falls, with the average price now at £425,708, compared with £445,120 in May.
Islington was the best performer, with the average price at £557,662 this month, up from £549,748 in May.
Semi detached houses have experienced the greatest year-on-year price fall of 1.4% this month, down to £204,167 from £207,751 last year. All other property types experienced the same fall of 0,1%.
Struggling With Debt? The BBC Needs You!
If this is you, Betty TV would like to hear from you.
Betty TV are producing a film will form part of a season on BBC1 about debt - airing in January 2009.
The programme is a one-off classic documentary following three couples or families in trouble with their mortgage - as so many people are at the moment. It will be a sympathetic portrayal of people unexpectedly falling in to debt. They have one family already and are keen to find a couple more.
They need to show a range of outcomes and to follow the families through the process. They want to show homeowners who are in the midst of this and to follow them as they navigate themselves through the situation.
Ringing them does NOT mean you’ve agreed to be filmed and all calls are in the strictest confidence.
Please call Claire for an informal chat:
Claire @ Betty TV on 020 7290 0660
claire.braden@betty.co.uk