House prices in Wolverhampton are the fastest rising in the Birmingham and Black Country area.
Figures from the Land Registry show prices in the city have risen by 8.3 per cent in the year to June whereas prices in Birmingham were up 2.9 per cent year-on-year.
According to the Land Registry, June saw an annual price increase of 5.4 per cent which takes the average property value in England and Wales to £181,619, overtaking the previous peak of £180,983 in November 2007.
Monthly house prices are up by 1.1 per cent since May 2015.
The region with the most significant annual price increase is London with a movement of 9.2 per cent while the North East experienced the greatest monthly rise with a movement of three per cent.
Yorkshire & The Humber saw the lowest annual price increase of 1.4 per cent and also saw the largest monthly price decrease with a fall of 0.9 per cent.
The number of property transactions has decreased over the last year.
From January 2014 to April 2014, there was an average of 66,949 sales per month. In the same months a year later, the figure was 57,918.
Region, monthly change, annual change, average price
London: 1.8 per cent; 9.2 per cent; £481,820
South East: 0.4; 8.4; £247,375
East: -0.8; 7.8 // £203,428
South West: 0.8; 5.2; £189,850
East Midlands: 0.7; 5; £134,965
North West: 0.2; 3.6; £114,754
Wales: 1.7; 2.7; £119,899
North East: 3; 2.4; £102,064
West Midlands: -0.2; 2.1; £137,209
Yorkshire and The Humber: -0.9; 1.4; £121,070