11 September 2013 Last updated at 02:25 ET
Average selling prices rose from £180,500 to £194,800 over the year
The housebuilder Barratt Developments has said the recovery in the housing market is spreading.
"We are seeing the housing market recovery starting to spread beyond London and the South East," chief executive Mark Clare said.
The group reported pre-tax profits for the year to the end of June of £104.8m, up from £100m the previous year.
Its average selling price rose to £194,800 from £180,500 the previous year.
Barratt expects to complete about 45,000 new homes over the next three years.
It also reported it had cut its debt to £25.9m from £167.7m at the end of June 2012.
Source: BBC News - Business http://www.bbc.co.uk/news/business-24044840#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
