Highest monthly house prices in the North East
The Land Registry has revealed that the North East recorded the highest monthly house price rise across England and Wales in November - with a 2.4% increase during the month.
On a year-on-year basis, the region has also seen the biggest fall, with a 2.9% drop taking average prices to £98,304.
Across England and Wales, house prices increased by 0.3% month-on-month in November to reach £161,490, pushing them 0.9% higher than a year earlier, the Land Registry said.
But sales were more sluggish, with 57,971 transactions taking place between June and September 2012, representing a drop of around 7% on the same period in 2011.