How house prices changed around the world in 2012
giant Monopoly board
giant Monopoly board

AP Photo/Rick Rycroft

Since our housing bubble burst in the summer of 2007, prices have fallen back in most parts of the UK, with London bouncing back strongest.

In November 2012, the average UK home cost £160,879, according to the Halifax House Price Index. This figure is virtually unchanged compared to the average £161,017 recorded a year ago in November 2011.