House prices up 0.9% since October – Land Registry

Four regions in England and Wales experienced increases in their average property values over the last 12 months. The region with the most significant annual price fall was Yorkshire & The Humber with a movement of -4.7%. Wales experienced the greatest monthly rise with a movement of 2.9%. The West Midlands was the region with the most significant monthly price fall with a movement of -0.4%.

The most up-to-date figures available show that during September 2009 the number of completed house sales in England and Wales rose by 30 to 53,482 from 41,302 in September 2008. Transaction volumes, while no longer falling at 2007 rates, remain relatively low.

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