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The average house price in the UK in March 2011 stood at £232,628. At this time the average house price in Greater London was £408,534 Source: BBC 10 March 2011
The Bank of England base rate remains at 0.5% as of July 2011, significantly lower that the dizzy heights of October 1989 when rates hit 15%!!!
(CPI) Consumer Price Index 4.5% at 31 May 2011. Source: Moneyfacts 20 July 2011
(RPI) Retail Price Index (Inflation) 5.2% at 31 May 2011 Source: Moneyfacts 20 July 2011