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Prices in Prime Central London Fall
New data from Home.co.uk has shown that the prices in London’s most expensive areas are dropping. The data shows the price fall in six out of ten central London areas.

In Belgravia over the last 12 months until September, the prices had fallen by 8% and in Chelsea by 3.5%. The new mortgage rules, known as the Mortgage Market Review and the increase in supply both play a part in the price drop.

The inflation in house prices across London are cooling