The statistics include data based on mortgage completions during the month of December 2010. The figures show:
- The average mix-adjusted UK house price was £208,148 (not seasonally adjusted).
- Average house prices were 0.4% lower over the quarter to December, compared to a quarterly increase of 0.2% over the quarter to September (seasonally adjusted).
- Average prices increased during the year in England (4.1%), Wales (4.3%) and Scotland (1.8%), but were lower in Northern Ireland (-16.1%).
- Prices paid by first-time buyers were 1.4% higher on average than a year earlier whilst prices paid by former owner occupiers increased by 4.7%.
- Prices for new properties were 7.6% higher on average than a year earlier whilst prices for pre-owned dwellings increased by 3.5%.
