• 11 out of 13 UK regions saw annual price falls during 2012
• London best performing region in 2012
• Northern Ireland continued to see largest price falls
• Within England, the North/South divide in property prices continued to widen

* Seasonally adjusted
(Note that quarterly % changes are revised when seasonal adjustment factors are re-estimated)

Commenting on the figures, Robert Gardner, Nationwide's Chief Economist, said:

“Average UK house prices rose by 0.5% in the final quarter of 2012, after allowing for seasonal effects. Prices were down 1.1% over the year as a whole.

“England continued to outperform the other home nations, with prices down 0.4% in annual terms.”

For more information please see the full reports: http://www.nationwide.co.uk/mediacentre/housepriceindex/default.htm