In six of the ten areas of England and Wales average house prices during April increased, with London prices climbing by about £4,200 during the month to £302,411.

That's according to this week's Land Registry data, based on actual completions. Furthermore:

The Knight Frank Prime Central London Index recorded positive growth for £1m+ house prices for the second month running in May.

Remember, though, how dramatically this index has fallen, down 22.3% from its peak. Mayfair, however, led May's charge, with a monthly increase of 2.9%. The sub-£1m sector has led the "recovery", the more expensive the properties, the less well they've been faring.

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