House prices rise again says DCLG

The Department for Communities and Local Government (DCLG) says house prices rose from £197,009 in August to £198,552 in September taking UK annual house price inflation to 8%, up from 7.4% a month earlier. Meanwhile annual house price inflation in London was 9% in September 2006, up from 7.6% in August, according to the DCLG. Average prices for all types of housing contributed to the rise in the annual rate of inflation. Terraced houses and flats both saw rises of 1.3%, bungalows 0.9%, detached houses 0.4% and semi detached houses 0.2%. England, Scotland and Wales saw increases in ...