Annual YoY house prices in London fell by 1.8 % , compared with 3 % in 2017 , according to the October report of Your Move 's House Price Index . The estate agent’s House Price Index for October shows that year-on-year prices in the capital grew by 1.8% compared to 3% for the previous twelvemonth. It revealed prices in Westminster fell by 14.5 % , while Kensington and Chelsea fell by 0.8 % , but prices fell in the cheapest boroughs of Barking and Dagenham and Bexley by 0.9 % and 1.1 % respectively . Your Move 's report also revealed the average house price in London increased by £ 10,889 ( $ 14,117 ) in the past 12 months to £ 620,571 .
Annual YoY house prices in London fell by 1.8 % , compared with 3 % in 2017 , according to the October report of Your Move 's House Price Index . It revealed prices in Westminster fell by 14.5 % , while Kensington and Chelsea fell by 0.8 % , but prices fell in the cheapest boroughs of Barking and Dagenham and Bexley by 0.9 % and 1.1 % respectively . Your Move 's report also revealed the average house price in London increased by £ 10,889 ( $ 14,117 ) in the past 12 months to £ 620,571 .