Seasonally adjusted house prices were unchanged over the month which is similar to the monthly change observed in November 2010.
The DCLG UK house price index for November 2011 also revealed that the seasonally adjusted index was 5.5 per cent below the recent peak of April 2008 and 9.8 per cent above the recent trough of April 2009.
During the year to November average house prices decreased in England (-0.1 per cent), Wales (-1.6 per cent), Scotland (-0.8 per cent) and Northern Ireland (-11.7 per cent).
Average house prices decreased in six of the nine English regions over the year to November 2011. The largest decrease was in the North West (-3.3 per cent) while the smallest was in the South East (-0.3 per cent).
London registered an annual house price increase of 3.2 per cent.
Over the month to November five regions saw average price increases ranging from 1.8 per cent in the North East to 0.2 per cent in the North West. Average monthly house prices fell in the other four regions including London (-0.2 per cent).
Average mix-adjusted house prices in November stood at £213,668 in England, £146,812 in Wales, £160,602 in Scotland and £135,402 in Northern Ireland.
London remains the English region with the highest average house price (£346,123) whilst the North East has the lowest average price at £133,230.
In England, southern regions including London and the South East all had average prices above the UK average in November.
Excluding London and the South East, the average UK price in November was £169,063, a de-crease of 1.5 per cent over the year.
The average price for properties bought by first time buyers increased by 0.7 per cent to £152,423 over the year to November 2011, compared to an annual increase of 0.4 per cent in October.
During November prices paid by first time buyers increased by 0.3 per cent on average compared to no monthly change in the average prices paid by first time buyers in the same period last year.
The average price of properties bought by former owner occupiers decreased by 0.7 per cent to £238,699 over the year to November 2011 which is similar to the change in average prices of properties bought in the year to October.
During November prices paid by former owner occupiers decreased by -0.1 per cent on average, compared to no monthly change in the average prices of properties bought in the same period last year.
The average price for pre-owned dwellings decreased by 0.9 per cent to £206,222 over the year to November, compared to an annual decrease of 1.2 per cent in October.
During November 2011 prices paid for pre-owned dwellings increased by 0.1 per cent on average, compared to a 0.2 monthly decrease during the same period last year.
The average price paid for new properties increased by 7.7 per cent to £200,399 over the year to November, compared to an annual increase of 12.1 per cent in October.
During November 2011 prices paid for new properties decreased by 0.3 per cent on average, compared to a monthly increase of 3.8 per cent in November last year. Month on month price changes in new build properties tend to be more volatile, reflecting low transaction levels.
Michael Brown, director of London-based estate agents, The Property Lounge, commented:
"These figures from the tail end of 2011 paint a decidedly sorry picture of the housing market. It's like an exhausted athlete, panting and wheezing towards the finish line. Trouble is, it has been running all year just to stand still.
"Across the country as a whole, prices remained largely stagnant. Only in London has the market been accelerating towards the tape.
"Just as much of London's economy bucked the downturn seen elsewhere, demand in the capital remained strong - even if supply is sporadic.
"And 2012 looks likely to repeat that pattern. With so much pent up demand, we are frequently asked for 20 or even 30 viewings when we list a new property. And we currently have a house for sale at nearly 40% more than we sold it for a year ago.
"With interest rates so low, those who are already on the property ladder are seeing this as a good time to trade up.
"But sadly many first-time buyers are being squeezed out. While mortgages are cheap, lenders are still asking for big deposits - too big for many people who aren't already on the ladder.
"Not for nothing are first-time buyers considered the key to the housing market. With so many of them being left on the sidelines, things do not bode well for the future health of the market."
