London average dips to £593k

16th March 2018

Figures from Acadata shows that the average price of a London home fell to £593,396 in January, a year-on-year dip of 2.6%. The decline is the biggest since that recorded in August 2009. Values in the capital were down 0.8% in January. Nationally prices rose 0.5% on the month during February to £299,556 but growth slowed year-on-year – hitting 0.6% compared to January’s 0.7%.

The Independent (12/03/2018)