UK house prices drop 10.7% in 12 months to June

The mix-adjusted average house price in the UK stood at £191,423 in June 2009.

Annual average house prices fell in England (-10.7%), Wales (-12.2%), Scotland (-7.1%) and Northern Ireland (-23.0%).

Meanwhile, annual average house prices paid by first-time buyers in June 2009 were 11.7% lower than a year ago.

By comparison average house prices paid by former owner occupiers were 10.3% lower.

Have your say on this story using the comment section below