As is the way with the current housing market, you never quite know whether prices are up or down and it often depends on who’s set of figures are out that week. At the moment, it’s the turn of the Land Registry and they’re seeing rising house prices in September in all regions except the north-east and in Wales.
Average English and Welsh house prices rose by 0.9% in September bringing the annual rate of deflation down to 5.6%. These figures are extra incentive to do all you can to avoid repossession with London seeing biggest rise in prices, at 1.3%. Meanwhile, the average price of a property in England and Wales is up to £158,377.
