The most recent sales data for June from the Land Registry shows prices continuing to increase across the country, with London commuter regions of the South East and East also seeing substantial gains in the past 12 months.
The North East had the greatest monthly rise from May to June 2015, pushing London into second place with 1.8% growth in the period. Prices fell last month in some parts of the country.
The latest data shows that the average London house price was £481,820. That is 2.5 times the national average of £181.619 and nearly twice the prices of the second highest region, the South East.
As reported by Urbs, the level of house prices is causing an affordability crisis for many Londoners and younger buyers are struggling to get onto the property ladder.