London house prices fell between Nov and Dec.
December 15, 2014
Property asking prices fell by the greatest amount ever recorded in a single month in December, property website Rightmove has reported – driven by London homes being put up for sale for £30,000 less than a month ago .
The average asking price for a house in London fell by more than £30,000 between November and December, with record falls seen across the country. The survey, by property website Rightmove, showed that asking prices fell in all 23 London boroughs, that said prices still expected to rise by 4 to 5 per cent during 2015.
You May Also Enjoy
Steady March market so far despite global uncertainty
Average new seller asking prices rise by 0.8% (+£3,023) in March to £371,042, a typical seasonal increase in prices: The number of homes for sale remains at an eleven‑year high for this time of year, limiting more significant price growth and reinforcing the need for sellers to price more competitively to attract buyer interest The…
Read More 
AI property search not yet mainstream
The latest research by GetAgent.co.uk has revealed that while artificial intelligence is increasingly being embraced across the property industry, the technology has yet to become a mainstream tool for buyers and sellers when it comes to searching for and marketing homes. GetAgent commissioned a survey* of UK estate agents to understand how widely AI-powered search…
Read More 
70% of Britain’s housing market is in recovery with prices trending upwards
The latest research from Yopa reveals that 70% of the British housing market is now in recovery with prices trending upwards following the challenging conditions of the past two years. This is despite the broader national picture showing that average house prices have edged down over the last six months. Yopa analysed six months of…
Read More 
Breaking Property News 12/3/26
Daily bite-sized proptech and property news in partnership with Proptech-X. ‘The actual work, making smart procurement decisions, protecting the owner’s budget was buried under a mountain of emails and calls’ Rihards Trops CEO of TenderPro Every property manager knows the feeling. You need to find a contractor, get three comparable quotes, coordinate site visits,…
Read More 
Renters’ Rights Act already driving surge in tenant complaints
“Renters’ Rights effect” drives unprecedented demand dispute resolution Industry redress scheme flooded with enquiries ahead of Act going live in May THE IMPENDING implementation of the Renters’ Rights Act has already led to unprecedented demand for The Property Ombudsman’s services, as more tenants seek support to resolve disputes fairly and independently. In the four…
Read More 
Rights Act: Key changes renters need to know — new rules start on 1 May 2026
The Renters’ Rights Act is a major overhaul of the rules that govern renting in England, the biggest in decades. Propertymark, the UK’s leading body for property professionals, wants renters to understand what’s coming and how it will affect them. The next wave of changes under the Act will take effect on 1 May 2026.…
Read More