Average house price £200k: DCLG

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UK house prices were 0.6% higher in November 2009 than in November 2008 and 1.7% higher than in October 2009, according to seasonally adjusted day from the Department for Communities and Local Government.

The mix-adjusted average house price in the UK stood at £200,454 in November 2009 (not seasonally adjusted).

UK house prices rose by 3.5% in the quarter ending November 2009. This compares with a smaller (seasonally adjusted) rise of 2.6% for the quarter ending August 2009.

Annual average house prices rose in England (0.6%), Scotland (2.4%) and Wales (2.2%), but fell in Northern Ireland (-11.6%).

Annual average house prices paid by first time buyers in November 2009 were 3.9% higher than a year ago. By comparison average house prices paid by former owner occupiers were 0.7% lower.

Annual average house prices paid for new properties in November 2009 were 0.4% higher than a year ago and average house prices paid on pre-owned dwellings were 0.7% higher.

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