Ups and downs of con­flict­ing data

Yorkshire Post - Property - - PROPERTY -

OVER at the Land Registry, the Oc­to­ber data con­flicts with the Na­tion­wide In­dex.

It re­veals that there has been an an­nual price in­crease of 3.4 per cent which takes the av­er­age prop­erty value in Eng­land and Wales to £165,505.

In York­shire, prices are up 1.4 per cent over the past 12 months.

The monthly change from Septem­ber to Oc­to­ber shows a de­crease of 0.8 per cent na­tion­ally, while in York­shire prices slipped by 1.4 per cent.

London showed the high­est an­nual in­crease of 7.6 per cent. Prices in the North East fell by 0.9 per cent over the past year.

Home­track, mean­while, is pre­dict­ing a fall of two per cent in 2011, while oth­ers com­men­ta­tors pre­dict stag­na­tion.

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