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‘Delicate balance’ for UK housing market as average property price dips by £213

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Property values fell by 0.1% on a monthly basis, taking the average house price in February to 298,602 .

Annual house price growth remained at 2.9% , which was unchanged from January .

From April , stamp duty discounts will become less generous for some home buyers.

East Midlands , 246,919 , 3.4% Eastern England , 337,466 , 2.2% London , 545,183 , 1.6% North East , 176,621 , 29% Northern Ireland , 205,784 , 5.9% Scotland , 213,014 and 3.8% Yorkshire and the Humber , 216,130 .