House prices up by 1.2%

This resulted in a decrease in the annual decline in house prices. The UK average house price fell by 4.1% in the year to September 2009, compared with a fall of 5.6% in the year to August.

The rise in UK prices between August and September 2009 can be attributed to non-seasonally adjusted increases in average prices for flats (4.4%), terraced houses (1.7%), semi-detached houses (0.7%) and detached houses and bungalows (both 0.2%).

Annual house prices fell in all UK countries in the year to September 2009. Annual house price growth was -4.0% in England, -6.7% in Wales, -0.9% in Scotland and -18.3% in Northern Ireland in September.

Average mix-adjusted house prices in September 2009 were £205,592 in England, £147,791 in Wales, £161,157 in Scotland and £174,342 in Northern Ireland. The English region with the highest average house price in September remains London at £313,868. The lowest average price was in the North East at £136,276. Of the English regions, only the East, London, the South East and the South West had average prices above the UK average.