More news from the UK Property market from Dibben and Dibben as House prices in England and Wales rose by 0.9% in September compared with August and sales also picked up over the summer, the Land Registry has said. The average home in England and Wales cost £158,377, the figures showed.

This was 5.6% cheaper than the same month a year earlier, but September was the fifth consecutive month when the year-on-year price fall has slowed. Sales were higher in July compared with July 2008, after months of lower year-on-year sales figures, it said.

Completed sales have risen steadily each month since January 2009 when they stood at 26,662.

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