Nationwide House Price Index

House prices, in March, fell for the fifth consecutive month.

The average house price fell by 0.6% in March and this bought the house price growth down to 1.1% the lowest since March 1996.

The average house price in the UK is now £179,110, this is only £2,027 higher than in March 2007 but they are still 11% higher than 2006 and 47% higher than five years ago this equates to a price rise of £30 a day for the last five years.