Forecasts show prices will rise at a fraction of last year ’ s frenetic pace . London will fare worst with prices dropping by 3.6 per cent over next year . The average price for the capital is expected to fall from £264,800 in 2016 to £216,200 this year.
Forecasts show prices will rise at a fraction of last year ’ s frenetic pace . London will fare worst with prices dropping by 3.6 per cent over next year . This follows last year ’ s record price hike of 17.4 per cent in the capital . Economists said that the housing market had ‘ got ahead of itself ’ last year .