House prices in the UK rose by 1.8% in October compared with the previous month – but this followed a big drop a month earlier, the Halifax has said.

Halifax which is  part of the Lloyds Banking Group, said that the less volatile three-month on three-month comparison showed property values dropped by 1.2%.

House prices at the beginning of 2010 had bounced back  to 2007  levels, but 2010 has overall shown a downward trend

The average home cost £164,919, according to the survey