The region in England and Wales which experienced the greatest increase in its average property value over the last 12 months is London with a movement of 5.9%.
The North East experienced the greatest monthly rise with an increase of 2.4%. It also experienced the greatest annual price fall with a decrease of 2.9%.
Wales saw the most significant monthly price fall with a decrease of 1.6%.
The most up-to-date figures available show that during September 2012, the number of completed house sales in England and Wales decreased by 21% to 50,517 compared with 63,552 in September 2011.
Meanwhile, the number of properties sold in England and Wales for over £1million in September 2012 decreased by 19% o 613 from 753 in September 2011.
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