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Average House Price Drops 12.2 per cent in November to GBP161,883.

Publication: M2 Presswire
Publication Date: 30-DEC-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 December 2008-UK Government: Average House Price Drops 12.2 per cent in November to GBP161,883(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:30122008

Annual house prices in England and Wales fell by 12.2 per cent in November, according to the latest figures from Land Registry. The average house price is now GBP161,883 representing a monthly decrease of 1.9 per cent.

London experienced an annual decrease in its average property value with a movement of -10.2 per cent, taking the average London house price to GBP317,101.

Every region in England and Wales experienced an annual decrease in their average property values. All regions also sustained a monthly...

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