For the third month in a row, London property prices have fallen. The fall in January was 0.1%, according to data collected from just under 1000 estate agents in the region. Sharper falls were seen in properties valued over the £500,000 mark at around 10%.
If you are in the market for property the general consensus is that London leads the way in rises and falls. Many experts feel that buyers in London are cautious due to prices but do not see a crash on the horizon. The good news is that if the property market in London evens out and does not fall, this is also likely for the rest of the country.