Annual Regional Trends in House Prices as end January 2010

Gtr London + 6.1%

South East + 5.6%

South West + 3.0%

W Midlands + 2.1%

E Anglia + 3.2%

Wales -2.5%

E Midlands + 1.9%

North West -0.9%

Yorkshire + 0.1%

North -0.5%

2009 ends with prices 4.1% higher than a year ago.  There are early signs of a buoyant start to 2010 as average asking prices rise by 0.4% and search activity sets new record high.  The first week of January sees strong asking price rebound of +1.2% (£2,698) reversing previous weeks’ falls of 0.9% coupled with the lowest stock this century, creating window of opportunity for sellers.  A 0% price change is forecast in 2010, with sellers advised to take advantage of expected price rises before post-election dip.  Average house price:  £ 222 261.00