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Last updated: November 19, 2013 6:57 pm
The average UK house price was £237,161, showing an annual increase of 4.3 per cent and a monthly change of 0.6 per cent.
The number of property transactions hit a six-year high, with LSL estimating that the number of properties sold in October exceeded 79,000, the highest figure for the month of October since 2007.
East Anglia saw the biggest annual rise in transactions of 26.1 per cent, while London and the Southeast continued their surge of recent months with increases of 23.9 per cent and 23.5 per cent respectively.
David Newnes, director of LSL Property Services, says: “The increase in demand, in part fuelled by the second phase of Help to Buy having being brought forward, has driven up average house prices across the country by £1,376 over the past month and £9,776 from a year ago.”
|Average house price||Index||Monthly%||Annual%|
|Source: LSL Acadametrics|
|Region||Q3 2012||Q3 2013||change %||Av house price* £||% monthly *||% annual *|
|Yorks & Humberside||13,854||17,057||23.1%||£156,220||0.5||1.2|
|* In September 2013 Source: LSL Acadametrics|
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