People’s expectations of house price values are at their highest ever.

The Knight Frank and Markit sentiment index shows that households in all regions believe that the value of their property went up in the last month.

The public is also expecting further house price rises.

Londoners are the most confident about house prices, followed closely by households in the south-west. The news may not be the best for those London agents who say they are detecting signs of price resistance and slowing rises in demand by buyers.

The index also shows that 6.5% of households plan to buy a property in the next year – up from 5.1% in April.

A further 21% say they plan to buy in the next five years.