New figures released by the Land Registry show that UK house price growth accelerated in September, up 0.4 per cent against the previous month's 0.2 per cent rise.

Though mortgage approvals have dipped since the onset of the credit crunch - with financial institutions finding it harder to secure loans on the money markets - the UK property industry itself continues to grow steadily.

The average price of a UK home now stands at £183,896, reflecting an impressive annual growth rate of 8.7 per cent.

In London that figure shoots up to 16.5 per cent, though the latest report shows that Yorkshire and Humber have overtaken the capital as the nation's fastest appreciating property hotspot, clocking up inflation of two per cent in a single month compared with London's 1.5 per cent.

Recent research from equity release provider Home & Capital revealed that the average price of a UK property has risen 100 times over since 1957.

Making home improvements can help increase the market value of a property. Click here for a selection of available products.

© Adfero Ltd

Author:  Joanne McCabe

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