Persimmon profits up 57%, average house price now £265,000

Persimmon has a large number of sites locally. It has reported pre-tax profits for the half year up to £212.9 million. The Evening Standard website article also mentions that the average UK house price rose by 10.2% in the 12 months to June and reached a record high of £265,000 for the average house. However, the good news is that the Office of National Statistics had expected prices to rise 11.2% so we must be thankful for small mercies!