London house prices fall to lowest in almost two years

Average UK house prices rose by 2.6% in the year to September, slowing from 3.1% in the year to August, the Office for National Statistics has reported. Between August and September, prices in England fell by 0.6%, with declines in all regions except Yorkshire and the Humber; London saw a 1.1% monthly drop and an 1.8% annual fall, to £549.942. The average UK house price now stands at £272,000. 

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