Editor's note: This brief was summarised by The Property AI Newsroom from a report by This Is Money Mortgages. Read the original article for full details.
London flat prices fall £71,000 in four years, official data shows
Flat prices in London continue to fall, with £71,000 shaved off the typical value of an inner city apartment over the past four years, according to official data reported by This Is Money Mortgages.
What this means for agents and clerks
For letting agents and inventory clerks operating in the capital, the reported decline in flat values may be relevant when assessing market conditions in the areas where they work. The source article contains the full details of the official data behind these figures.
Source: This Is Money Mortgages