That's according to the Land Registry - which tracks the price paid for every home in the UK and compares it to what the exact same home last sold for. For years prices paid in the capital soared fasted than the rest of the country, they are now coming back down to Earth with a bump. That said, even after the falls London prices are still far higher than the rest of the country. All types of house sell for more than twice the price in London than the average for the rest of England, while flats change hands for £177,751 more. Outside of London, there were also monthly price falls in the East Midlands (-1.2%), North East (-1), Wales (-1.4).

Source: Daily Mirror July 17, 2019 09:46 UTC