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Housing · 22 October 2025

London House Prices Record First Annual Decline in Over a Year

London House Prices Record First Annual Decline in Over a Year

London’s average home price fell by 0.3 % year-on-year in August 2025, marking the capital’s first annual decline since mid-2024, according to the Office for National Statistics. Flat prices in London dropped by 2.6 %, driving the overall fall. Across the UK, however, house prices rose by about 3 % over the same period.

Reported by Bloomberg · How we write briefs

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