Neville Scott Lettings and Property Management » House Sales http://nevillescott.co.uk The Independent Agent Fri, 30 Oct 2009 10:05:37 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 http://nevillescott.co.uk http://nevillescott.co.uk/wp-content/mbp-favicon/Home.png Neville Scott Lettings and Property Management House Prices Rose in September http://nevillescott.co.uk/135/house-prices-rose-in-september/ http://nevillescott.co.uk/135/house-prices-rose-in-september/#comments Mon, 05 Oct 2009 09:56:14 +0000 subedar1 http://nevillescott.co.uk/?p=135 The Nationwide’s house prices survey reveals that property prices rose for the fifth month in a row in September.

In the last three months, prices are up 3.8% but house prices remain 13.5% lower than their peak in October 2007. The average price of a home in the UK now back to the same level as a year ago, at £161,816.

Also figures for mortgage approvals for house purchase suggest sales activity should increase in the coming months.

House prices are rising due to a combination of low supply and more positive newsfrom lenders so anyone wishing to sell in the near future it appears that now is the best time to do so

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