This report does however show that there is still a large difference in price in London and the south east to the rest of the country. The report revealed that there has been a 0.03% increase between August and September this year, in August the average house price in the UK was ?219,369 compared to ?220,111 in September.

Annualised house price inflation was 10.8% in September, down from 11.3% in August.

Sadly its the first time buyers that are facing the biggest rise in inflation, 11.8% in September taking the average price paid by a first time buyer to ?167,503 whilst current owners pay an average of ?245,920 for a property.