All regions in England and Wales experienced a decrease in their average property values over the last 12 months.
The region with the most significant annual price fall was the West Midlands with a movement of minus 6.3%. The North West experienced the greatest monthly rise with a movement of 1.9%. Wales was the region with the most significant monthly price fall with a movement of minus 2.3%.
The most up-to-date figures available show that during August 2009 the number of completed house sales in England and Wales rose by 11% to 53,236 from 48,109 in August 2008.
Transaction volumes, while no longer falling at 2007 rates, remain relatively low.
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