Back
News

Property prices drop by £10,000 in two months

A two-month slide in property prices has knocked almost £10,000 off the average amount that sellers are asking for their homes, according to Rightmove.

The average price of a new property coming on to the market this month has dropped by 1.5%, or just under £4,500, the online home search company has found in its latest snapshot of the sector, which is being published today.

Taken with a similar slip in November, it means that house prices have declined by 3.2% since the end of October and that the average price being asked by sellers has fallen by £9,719 in two months.

Click here for the full Times article (£)

Up next…