House prices almost unchanged in December - ODPM

The latest ODPM House Price Index reveals prices were almost unchanged between November and December, compared to a fall of 0.7% seen over the same period in 2004. The UK average house price decreased marginally between November and December by less than 0.1%, while average prices for bungalows and semi-detached houses fell by 1% and 0.8% respectively and prices for terraced houses rose by 1.3%. On a regional basis, house prices in December were £194,569 in England, £148,471 in Wales, £127,650 in Scotland and £137,112 in Northern Ireland. The English region with the highest average...