House prices 'rose 2.9% in 2009'

Prices have now increased for the eighth consecutive month as measured by the Communities and Local Government (CLG) index and in December, the average UK house price was £200,307.  For the quarter ending December 2009, UK house prices rose by 2.9%, a slight decrease compared to the 3.1% rise in the quarter ending September 2009. On an annual basis, the average house price rose in England by 3% to reach £206,694, rose by 3.8% in Scotland to reach £160,249 and increased by 1% in Wales to reach £150,481. But, prices in Northern Ireland experienced a 6% fall to drop to £175,170. In De...