"Brexit uncertainty alone was not enough to derail the UK housing market in June, as prices continued to rise steadily."
The new UK House Price Index, which replaces the previous indices by the ONS and Land Registry, shows that growth in London remains high at 12.6%, followed by the South East with a 12.3% annual rise.
The lowest annual growth was in the North East, where prices increased by 1.5% over the year.
UK average house prices increased on average by 8.7% in the year to June, up from 8.5% in the year to May.
The monthly price change for a property in the UK was 1.0%, with average prices now standing at £214,000.
The main contribution to the increase in UK house prices came from England, where house prices increased by 9.3% over the year to June 2016, with the average price in England now £229,000.
Wales saw house prices increase by 4.9% over the latest 12 months to stand at £145,000. In Scotland, the average price increased by 4.6% over the year to stand at £143,000. The average price in Northern Ireland is currently £123,000.
Ian Thomas, co-founder and director of LendInvest, said: "These figures cover the month of June, but the housing market has been through a tumultuous time since then. The early signs are that house prices could be cooling in certain areas since the Brexit vote, but then the Bank of England’s move to cut interest rates to a new record low may push up demand."
John Goodall, CEO and co-founder of Landbay, commented: “Brexit uncertainty alone was not enough to derail the UK housing market in June, as prices continued to rise steadily. High demand drove the uplift in prices, with mortgage lending volumes jumping 16% in June alone. Of course all eyes will be on next month’s figures, and early indications suggest house prices growth cooled slightly in July, but if we do see an impact of the Brexit decision it will take some time to surface."
