October data from Land Registry's flagship House Price Index shows a positive monthly house price change of 0.6%.
The annual change stands at -3.4%. This is the sixth month in a row in which the fall in annual change has decreased. The average house price in England and Wales is now £159,546.
The North West experienced the greatest monthly rise with a movement of 1.9%. Wales was the region with the most significant monthly price fall with a movement of -2.3%.
The most up-to-date figures available show that during August 2009 the number of completed house sales in England and Wales rose by 11% to 53,236 from 48,109 in August 2008.
Visit the Land Registry to view the latest property sales/prices data in full.
** Legal Information & Advice **
You can obtain additional information about buying and selling property on FindLaw.
Depending on your circumstances, however, you may want to speak with a solicitor who specialises in property law. You can be matched with a property law solicitor in your area for free via solicitor matching services, which can also help you to understand the best course of action and whether you are ready to hire a solicitor.