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House price growth slows but still clocks 10% gain

House prices moved up by 10.2% on an annual basis in October, show new figures from HM Land Registry.

This compares to a 12.3% increase seen in September.

On a monthly basis there was a slight softening too, with house prices ticking down by 1.1%.

This brings the average property price in the UK to £268,349, the figures report.

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