Nationally house prices are now 1.1% above their level of October 2011, although average house price figures are heavily distorted by the London market. In London, October house prices went up 1% on the month and by 7% over the year, to stand at an average of ?364,574.
Such a rise compares with the annual price fall of 5.8% in the North-East and a monthly price fall of 4.2% in the same region.
Out of ten regions, four showed house price rises, while the South-West stood still and the remaining five showed house price declines.
Further great news for sellers, we are still extremely busy even though we are now in December, if you are considering selling either now or in the New Year, call us now for a free no obligation appraisal of your property.
Posted in ASR News