Wondering whether you should hang on to your property or if you should sell your home fast? If so, you may be interested to hear that the latest figures from the Land Registry have revealed values have fallen over the last year.
Its November HPI showed an annual price decrease of 1.9 per cent with the average house price in England and Wales now at £160,780.
There was a slight improvement compared with last month, however, as house prices were up 0.3 per cent from October.
Last month, values in England and Wales fell by 0.9 per cent, meaning an annual fall in prices of 3.2 per cent on last year.
The average price of a property was £159,999 in October, it added.
December 15, 2011 at 2:31 pm | Uncategorized |
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