Prime property on moveafter election
The outcome of the General Election has served as an additional boost to the prime property market over the past month, with both buyer and seller activity increasing, according to Primelocation.com.
They say the value of prime property rose by one per cent in June to £456,983, with annual growth of 1.1 per cent.
London experienced high monthly price growth in the prime market, with a four per cent increase in June, taking average prices up to £1,146,755. All 10 regional prime markets also saw asking prices increase, with Scotland (1.7 per cent) and Yorkshire and the Humber (1.5 per cent) the top performers.