London house prices increased £40,361 on average over the past 12 months (David Cheskin/PA)
(Picture: PA Wire)The average UK house price slipped back in July from a record high the previous month, marking the first month-on-month dip since June last year, according to an index released today.
Following a year of exceptionally strong growth, house prices fell by 0.1 per cent month on month in July, Halifax said. This represented a £365 month-on-month fall in cash terms, from June’s record average house price high of £293,586.
