House prices: All properties

Average price: £346,358

Number of transactions (July-September): 1,597

Total value: £553,133,843

Average price: £346,358

For the first time, the total value of properties sold in a single quarter exceeded £500 million.

The number of transactions was also a record, beating the 1,413 achieved in the fourth quarter of 2009.

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The average price beat the previous record of £318,821, set in the second quarter of this year. It was 17.5% higher than in the same quarter last year.