Average UK house prices rose 0.3% between October and November, taking the average property value in England and Wales to 161,490, according to reports.
Reports stated that Land Registrys House Price Index for November shows average house prices have risen 0.9 per cent on an annual basis.
Wales saw the most significant monthly price fall with a decrease of 1.6%, says report.
India Infoline Research Team / 08:49, Aug 21, 2014
The outlook is a flat open. Global indices are up. The minutes from the Federal Reserve's July meeting indicate that the Fed is in no hurry to raise interest rates. The Dow added 0.35% while S&P was up 0.25%. Nasdaq ended marginally lower. Asian indices are mixed with Nikkei up almost a percent while Hong Kong's Hang Seng index is lower. South Korea's Kospi index and China's Shanghai index are also in the red.