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October house prices up 2%

Series: Nationwide Press Release ; 31 October 2003 (4)Publication details: 2003Subject(s): Summary: House prices rose by a seasonally adjusted 2% in October according to the latest "Nationwide monthly review" with the annual rate of house price inflation increasing to 16.1% from 15.5% in September. The average house price stands at £131 947. This latest, rapid price rise combined with a record level of house purchase approvals in September (£17.3bn). indicates that some strength is returning to the housing market with prospects in London improving. http://www.nationwide.co.uk/hpi/historical/MPR0310.pdf
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News article London News article WB3942-11 (Browse shelf(Opens below)) 1 Available 124226-1001

House prices rose by a seasonally adjusted 2% in October according to the latest "Nationwide monthly review" with the annual rate of house price inflation increasing to 16.1% from 15.5% in September. The average house price stands at £131 947. This latest, rapid price rise combined with a record level of house purchase approvals in September (£17.3bn). indicates that some strength is returning to the housing market with prospects in London improving. http://www.nationwide.co.uk/hpi/historical/MPR0310.pdf