Ups and downs of conflicting data
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.