London house prices head down for the first time in four years

Surveyors have notices a price fall for the month of Septemeber

Live updates

London prices heading down amid signs of 'fading' property values across the UK

A net balance of 8% of surveyors have reported falling house prices in London for the month of September according to the Royal Institution of Chartered Surveyors. This brings to an end four years of growth for the Capital.

Looking ahead surveyors are expecting to see a rise across the UK in the next 12 months but prices in London are only expected to increase by 1%. This has been blamed on new buyers acting with particular caution

Back to top